DGL Group (ASX:DGL) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2024)

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What is DGL 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. DGL Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.26.

DGL Group's long-term debt to total assets ratio declined from Dec. 2023 (0.28) to Dec. 2024 (0.26). It may suggest that DGL Group is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for DGL 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.

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

DGL Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.09

0.19

0.27

DGL Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.25	0.27	0.28	0.27	0.26

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

DGL Group'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 )
	=	164.437	/	611.793
	=	0.27

DGL Group'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 )
	=	159.701	/	609.865
	=	0.26

DGL Group (ASX:DGL) 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.

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

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DGL Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » DGL Group Ltd (ASX:DGL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 George Street, Level 1, Parramatta, NSW, AUS, 2150

Website

https://www.dglgroup.com

DGL Group Ltd is an investment holding company. The company's segment includes Chemical Manufacturing, Logistics and Environmental Services. It generates maximum revenue from the Chemical Manufacturing segment. The Chemical Manufacturing segment produces its own range of speciality chemicals and undertaken formulation and contract manufacturing on behalf of third parties.