Ace Liberty & Stone (AQSE:ALSP) LT-Debt-to-Total-Asset : 0.26 (As of Apr. 2023)

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What is Ace Liberty & Stone 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. Ace Liberty & Stone's long-term debt to total assests ratio for the quarter that ended in Apr. 2023 was 0.26.

Ace Liberty & Stone's long-term debt to total assets ratio declined from Apr. 2022 (0.34) to Apr. 2023 (0.26). It may suggest that Ace Liberty & Stone is progressively becoming less dependent on debt to grow their business.

Ace Liberty & Stone LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ace Liberty & Stone'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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Ace Liberty & Stone LT-Debt-to-Total-Asset Chart

Ace Liberty & Stone Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.52

0.57

0.20

0.34

0.26

Ace Liberty & Stone Semi-Annual Data
	Apr18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.20	0.22	0.34	0.46	0.26

Ace Liberty & Stone LT-Debt-to-Total-Asset Calculation

Ace Liberty & Stone's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	23.149	/	90.204
	=	0.26

Ace Liberty & Stone's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (Q: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2023 )	/	Total Assets (Q: Apr. 2023 )
	=	23.149	/	90.204
	=	0.26

Ace Liberty & Stone (AQSE:ALSP) 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.

Ace Liberty & Stone LT-Debt-to-Total-Asset Related Terms

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Ace Liberty & Stone (AQSE:ALSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ace Liberty & Stone PLC (AQSE:ALSP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Bracher Rawlins Llp, 16 High Holborn, London, GBR, WC1V 6BX

Website

https://www.acelibertyandstone.com

Ace Liberty & Stone PLC is an investment company. Its portfolio includes commercial and residential properties in the United Kingdom. The Group's income derives overwhelmingly from the ownership of commercial properties in the United Kingdom.

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