Australian United Investment Co (ASX:AUI) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

View and export this data going back to 1974. Start your Free Trial

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 Dec. 2023 was 0.03.

Australian United Investment Co's long-term debt to total assets ratio declined from Dec. 2022 (0.04) to Dec. 2023 (0.03). 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

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.05

0.12

0.06

Australian United Investment Co 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															0.03	0.12	0.04	0.06	0.03

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. 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 )
	=	86	/	1430.106
	=	0.06

Australian United Investment Co'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 )
	=	50	/	1548.016
	=	0.03

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

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

Australian United Investment Co (ASX:AUI) 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

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.

Australian United Investment Co (ASX:AUI) Headlines

No Headlines