Top Shelf International Holdings (ASX:TSI) Debt-to-Asset : 0.36 (As of Jun. 2024)

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What is Top Shelf International Holdings Debt-to-Asset?

Top Shelf International Holdings ASX:TSI Debt-to-Asset is 0.36 as of Jun. 2024.

Top Shelf International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$24.12 Mil. Top Shelf International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$6.16 Mil. Top Shelf International Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was A$83.93 Mil. Top Shelf International Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.36.

Top Shelf International Holdings  (ASX:TSI) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Top Shelf International Holdings Debt-to-Asset Related Terms

Top Shelf International Holdings Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Top Shelf International Holdings's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Top Shelf International Holdings Debt-to-Asset Chart

Top Shelf International Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Asset
0.17 0.28 0.29 0.50 0.36

Top Shelf International Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only 0.29 0.41 0.50 0.36 0.36

ASX:TSI vs TAP: Debt-to-Asset Comparison

For the Beverages - Brewers subindustry, Top Shelf International Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Top Shelf International Holdings Debt-to-Asset vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Top Shelf International Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Top Shelf International Holdings's Debt-to-Asset falls into.


Top Shelf International Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Top Shelf International Holdings's Debt-to-Asset for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(24.117 + 6.159) / 83.931
=0.36

Top Shelf International Holdings's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(24.117 + 6.159) / 83.931
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.36 mean?
Top Shelf International Holdings (ASX:TSI) has a Debt-to-Asset of 0.36 as of Jun. 2024. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Top Shelf International Holdings and its competitors.
Is Top Shelf International Holdings' Debt-to-Asset too high?
Top Shelf International Holdings' current Debt-to-Asset is 0.36.
How does Top Shelf International Holdings' Debt-to-Asset compare to TAP?
Top Shelf International Holdings' Debt-to-Asset of 0.36 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Beverages - Alcoholic company?
A good Debt-to-Asset depends on the Beverages - Alcoholic industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Top Shelf International Holdings and its competitors. Top Shelf International Holdings's current Debt-to-Asset is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Shelf International Holdings stock overvalued right now?
Top Shelf International Holdings (ASX:TSI) has a current Debt-to-Asset of 0.36. The current Debt-to-Asset is 0.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Top Shelf International Holdings (ASX:TSI), the current Debt-to-Asset is 0.36 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Top Shelf International Holdings Business Description

Address 16-18 National Boulevard, Campbellfield, VIC, AUS, 3061
Top Shelf International Holdings Ltd is a beverages manufacturer and distributor in Australia. The company's beverage manufacturing capability includes spirit distillation, maturation, mixing, carbonation along with canning and glass and PET bottling lines for supply into domestic and international markets of non-alcoholic and alcoholic beverages.