Engenco (ASX:EGN) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Engenco 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. Engenco's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

Engenco's long-term debt to total assets ratio increased from Dec. 2023 (0.09) to Dec. 2024 (0.12). It may suggest that Engenco is progressively becoming more dependent on debt to grow their business.

Engenco LT-Debt-to-Total-Asset Historical Data

The historical data trend for Engenco'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.

Engenco LT-Debt-to-Total-Asset Chart

Engenco Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.12

0.10

0.08

0.12

Engenco Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	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															0.10	0.08	0.09	0.12	0.12

Engenco LT-Debt-to-Total-Asset Calculation

Engenco'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 )
	=	23.207	/	190.496
	=	0.12

Engenco'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 )
	=	22.467	/	192.879
	=	0.12

Engenco (ASX:EGN) 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.

Engenco LT-Debt-to-Total-Asset Related Terms

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

Engenco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Engenco Ltd (ASX:EGN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Bourke Street, Level 22, Melbourne, VIC, AUS, 3000

Website

https://www.engenco.com.au

Engenco Ltd engages in the provision of engineering services. It operates through Drivetrain, Convair Engineering, Gemco Rail, Hedemora Turbo & Diesel, Workforce Solutions, and All Other segments. The company generates maximum revenue from the Gemco Rail segment. Gemco Rail segment specializes in the remanufacture and repair of locomotives, wagons, bearings, and other rail products for rail operators and maintainers. It provides wheelset, bogie, and in-field wagon maintenance and manufactures new and refurbished wagons, bogie parts, customized remote-controlled ballast car discharge gates, and others. Geographically, it derives a majority of its revenue from Australasia.