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Big River Industries (ASX:BRI) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)


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What is Big River Industries 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. Big River Industries's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

Big River Industries's long-term debt to total assets ratio increased from Dec. 2023 (0.25) to Dec. 2024 (0.29). It may suggest that Big River Industries is progressively becoming more dependent on debt to grow their business.


Big River Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Big River Industries'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.

Big River Industries LT-Debt-to-Total-Asset Chart

Big River Industries Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.25 0.21 0.21 0.22 0.25

Big River Industries Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.23 0.22 0.25 0.25 0.29

Big River Industries LT-Debt-to-Total-Asset Calculation

Big River Industries'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 )
=68.885/272.63
=0.25

Big River Industries'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 )
=67.547/235.558
=0.29

* 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.


Big River Industries  (ASX:BRI) 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.


Big River Industries LT-Debt-to-Total-Asset Related Terms

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Big River Industries Business Description

Traded in Other Exchanges
N/A
Address
Trenayr Road, Junction Hill, NSW, AUS, 2460
Big River Industries Ltd is a manufacturer, distributor, and supplier of timber, builder's hardware, building supplies, and services for the residential, commercial, industrial, building, and construction industries. The company's segment includes Panels and Construction. It generates maximum revenue from the Construction segment. The Construction division comprises fifteen sites that sell building, commercial, and formwork products in Australia. The panel segment is comprised of three manufacturing and six distribution sites of timber panel products in Australia and New Zealand. Geographically the company derives the majority of its revenue from Australia.

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