Vestis (STU:6TS) Debt-to-Asset : 0.47 (As of Dec. 2024)

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What is Vestis Debt-to-Asset?

Vestis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €50 Mil. Vestis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €1,251 Mil. Vestis's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was €2,767 Mil. Vestis's debt to asset for the quarter that ended in Dec. 2024 was 0.47.

Vestis Debt-to-Asset Historical Data

The historical data trend for Vestis'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.

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Vestis Debt-to-Asset Chart

Vestis Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

Debt-to-Asset

0.06

0.54

0.47

Vestis Quarterly Data
	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial							0.53	0.52	0.52	0.47	0.47

Competitive Comparison of Vestis's Debt-to-Asset

For the Rental & Leasing Services subindustry, Vestis'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.

Vestis's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vestis's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Vestis's Debt-to-Asset falls into.

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Vestis Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Vestis's Debt-to-Asset for the fiscal year that ended in Sep. 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
	=	(46.161	+	1197.581)	/	2642.081
	=	0.47

Vestis's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(49.582	+	1251.089)	/	2766.781
	=	0.47

Vestis (STU:6TS) 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.

Vestis Debt-to-Asset Related Terms

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Vestis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vestis Corp (STU:6TS) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

VSTS:USA 6TS:Germany

Address

1035 Alpharetta Street, Suite 2100, Roswell, GA, USA, 30075

Website

https://www.vestis.com

Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.

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