EQT Holdings (ASX:EQT) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is EQT Holdings 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. EQT Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

EQT Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.12) to Dec. 2024 (0.13). It may suggest that EQT Holdings is progressively becoming more dependent on debt to grow their business.

EQT Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for EQT Holdings'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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EQT Holdings LT-Debt-to-Total-Asset Chart

EQT Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.11

0.13

0.10

0.13

EQT Holdings 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															0.09	0.10	0.12	0.13	0.13

EQT Holdings LT-Debt-to-Total-Asset Calculation

EQT Holdings'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 )
	=	72.55	/	539.862
	=	0.13

EQT Holdings'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 )
	=	67.85	/	527.492
	=	0.13

EQT Holdings (ASX:EQT) 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.

EQT Holdings LT-Debt-to-Total-Asset Related Terms

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EQT Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EQT Holdings Ltd (ASX:EQT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

575 Bourke Street, Level 1, Melbourne, VIC, AUS, 3000

Website

https://www.eqt.com.au

EQT Holdings Ltd is an independent trustee and executor company. The company's operating segment includes Trustee & Wealth Services, Corporate & Superannuation Trustee Services - Australia, and Corporate Trustee Services - Europe. It generates maximum revenue from Trustee and Wealth Services. The Trustee & wealth Services segment provides a range of private client, philanthropic and superannuation services including estate planning and management; charitable, compensation, community and personal trust services, wealth management and advice. It has a presence in Australia, the United Kingdom, and Ireland.