Alloggio Group (ASX:ALO) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Alloggio Group 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. Alloggio Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.41.

Alloggio Group's long-term debt to total assets ratio declined from Dec. 2021 (0.61) to Dec. 2022 (0.41). It may suggest that Alloggio Group is progressively becoming less dependent on debt to grow their business.

Alloggio Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alloggio Group'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.

Alloggio Group LT-Debt-to-Total-Asset Chart

Alloggio Group Annual Data

Trend

Jun21

Jun22

LT-Debt-to-Total-Asset

0.60

0.49

Alloggio Group Semi-Annual Data
	Dec21	Jun22	Dec22
LT-Debt-to-Total-Asset	0.61	0.49	0.41

Alloggio Group LT-Debt-to-Total-Asset Calculation

Alloggio Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )	/	Total Assets (A: Jun. 2022 )
	=	45.271	/	92.668
	=	0.49

Alloggio Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	51.179	/	125.76
	=	0.41

Alloggio Group (ASX:ALO) 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.

Alloggio Group LT-Debt-to-Total-Asset Related Terms

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

Alloggio Group (ASX:ALO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alloggio Group Ltd (ASX:ALO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

840 Hunter Street, Newcastle, NSW, AUS, 2300

Website

https://www.alloggio.com.au

Alloggio Group Ltd is an operator of short-term rental accommodation on the east coast of Australia with a current portfolio of over 879 holiday properties and approx 13 mid-market hotels which comprise of aorund 428 rooms.