GenusPlus Group (ASX:GNP) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is GenusPlus 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. GenusPlus Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

GenusPlus Group's long-term debt to total assets ratio declined from Dec. 2023 (0.06) to Dec. 2024 (0.06). It may suggest that GenusPlus Group is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for GenusPlus 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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GenusPlus Group LT-Debt-to-Total-Asset Chart

GenusPlus Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.02

0.09

0.08

0.06

GenusPlus Group Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.06	0.08	0.06	0.06	0.06

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

GenusPlus 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 )
	=	17.356	/	294.515
	=	0.06

GenusPlus 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 )
	=	18.343	/	319.603
	=	0.06

GenusPlus Group (ASX:GNP) 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.

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

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GenusPlus Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GenusPlus Group Ltd (ASX:GNP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 - 69 Abernethy Road, Level 1, Belmont, Perth, WA, AUS, 6104

Website

https://www.genusplusgroup.com.au

GenusPlus Group Ltd is a power and communications infrastructure and services provider operating across Australia. The company designs builds, and maintains electrical transmission and distribution networks, substations, and battery systems. The Group's three business lines as its operating segments: infrastructure, communications, and industrial, and the majority of its revenue is generated from infrastructure segment.

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