ALFABS AUSTRALIA (ASX:AAL) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is ALFABS 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. ALFABS AUSTRALIA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

ALFABS AUSTRALIA's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.06). It may suggest that ALFABS AUSTRALIA is progressively becoming less dependent on debt to grow their business.

ALFABS AUSTRALIA LT-Debt-to-Total-Asset Historical Data

The historical data trend for ALFABS 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.

* Premium members only.

ALFABS AUSTRALIA LT-Debt-to-Total-Asset Chart

ALFABS AUSTRALIA Annual Data

Trend

Jun24

LT-Debt-to-Total-Asset

0.07

ALFABS AUSTRALIA Semi-Annual Data
	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	0.14	0.07	0.06

ALFABS AUSTRALIA LT-Debt-to-Total-Asset Calculation

ALFABS AUSTRALIA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	8.197	/	115.782
	=	0.07

ALFABS AUSTRALIA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	6.679	/	115.411
	=	0.06

ALFABS AUSTRALIA (ASX:AAL) 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.

ALFABS AUSTRALIA LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of ALFABS AUSTRALIA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

ALFABS AUSTRALIA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ALFABS AUSTRALIA Ltd (ASX:AAL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 Mitchell Avenue, Kurri Kurri, Cessnock, NSW, AUS, 2327

Website

https://www.alfabs.com.au

ALFABS AUSTRALIA Ltd is a company that provides a design-to-delivery solution for its clients across heavy steel fabrication, construction and maintenance services, mining equipment, protective coatings, and transport. Its reportable segments are Mining, Engineering, and Other. The Mining segment which derives maximum revenue for the company is engaged in the manufacture, repair, overhaul servicing, and hire of underground mining and ancillary equipment together with sales of mining-related consumables and spare parts. The Engineering segment is involved in heavy steel fabrication, site installation works, and site-based maintenance; and the Other segment represents head office and ancillary businesses including protective coatings and transport.