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Australian United Investment Co (ASX:AUI) LT-Debt-to-Total-Asset : 0.05 (As of Jun. 2024)


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What is Australian United Investment Co 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. Australian United Investment Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.05.

Australian United Investment Co's long-term debt to total assets ratio declined from Jun. 2023 (0.06) to Jun. 2024 (0.05). It may suggest that Australian United Investment Co is progressively becoming less dependent on debt to grow their business.

Australian United Investment Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Australian United Investment Co'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.

Australian United Investment Co LT-Debt-to-Total-Asset Chart

Australian United Investment Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.12 0.06 0.05

Australian United Investment Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.04 0.06 0.03 0.05

Australian United Investment Co LT-Debt-to-Total-Asset Calculation

Australian United Investment Co'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 )
=77/1534.177
=0.05

Australian United Investment Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=77/1534.177
=0.05

* 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.

Australian United Investment Co  (ASX:AUI) 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.

Australian United Investment Co LT-Debt-to-Total-Asset Related Terms

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Australian United Investment Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Australian United Investment Co Ltd (ASX:AUI) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
ASX:BKI ASX:RPL ASX:MAF ASX:DUI ASX:GDG ASX:PGF ASX:WAM ASX:WLE ASX:PL8 ASX:GCI BLK BX KKR APO TSX:BN OSTO:INVE A AMP LSE:III XSWX:PGHN ARES
Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 20, Melbourne, VIC, AUS, 3000
Website
https://www.aui.com.au
Australian United Investment Co Ltd (AUI) is an investment company. The company's objective is to take a medium to long-term view and to invest in a diversified portfolio of Australian equities which have the potential to provide income and capital appreciation over the longer term. AUI's funds are invested predominantly in shares of companies listed on the ASX. AUI's portfolio derives revenue from the returns in the form of dividends, interest, trust income and option premiums.

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