Ariadne Australia (Ariadne Australia) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Ariadne Australia LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ariadne Australia's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Ariadne Australia's long-term debt to total assets ratio declined from Dec. 2022 (0.06) to Dec. 2023 (0.03). It may suggest that Ariadne Australia is progressively becoming less dependent on debt to grow their business.

Ariadne Australia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ariadne Australia's LT-Debt-to-Total-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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Ariadne Australia LT-Debt-to-Total-Asset Chart

Ariadne Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.07

0.05

0.03

Ariadne Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.06	0.03	0.03

Ariadne Australia LT-Debt-to-Total-Asset Calculation

Ariadne Australia's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	3.747	/	143.113
	=

Ariadne Australia's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4.869	/	148.924
	=

Ariadne Australia (GREY:ADNOF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ariadne Australia LT-Debt-to-Total-Asset Related Terms

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Ariadne Australia (Ariadne Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ariadne Australia Ltd (GREY:ADNOF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ARA:Australia

Address

2 Chifley Square, Level 27, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.ariadne.com.au

Ariadne Australia Ltd is an investment company with operations in Australia and New Zealand. Its objective is to hold a portfolio of assets and investments to provide attractive investment returns which can generate regular dividends to shareholders and capital growth in the value of the shareholder's investments. It has two reportable segments. The investment division comprises the group's investments in securities. The property division includes all results derived from property and marina assets held by the group, either directly or through joint venture entities or joint venture operations.

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