Helloworld Travel (ASX:HLO) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Helloworld Travel 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. Helloworld Travel's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

Helloworld Travel's long-term debt to total assets ratio declined from Jun. 2023 (0.03) to Jun. 2024 (0.03). It may suggest that Helloworld Travel is progressively becoming less dependent on debt to grow their business.

Helloworld Travel LT-Debt-to-Total-Asset Historical Data

The historical data trend for Helloworld Travel'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.

Helloworld Travel LT-Debt-to-Total-Asset Chart

Helloworld Travel Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.21

0.20

0.03

Helloworld Travel Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.04	0.03	0.03	0.03

Helloworld Travel LT-Debt-to-Total-Asset Calculation

Helloworld Travel'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 )
	=	15.627	/	614.048
	=	0.03

Helloworld Travel's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	15.627	/	614.048
	=	0.03

Helloworld Travel (ASX:HLO) 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.

Helloworld Travel LT-Debt-to-Total-Asset Related Terms

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

Helloworld Travel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Helloworld Travel Ltd (ASX:HLO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ID9:Germany

Address

179 Normanby Road, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.helloworldlimited.com.au

Helloworld Travel Ltd is an Australian-based travel distribution company. The company has four reportable segments Travel Operations Australia, Travel Operations New Zealand, Travel Operations Rest Of World, Transport Logistics, and Warehousing. The company generates the majority of its revenue from Travel Operations Australia. The company generates revenue from Commissions, Transaction and service fees, Marketing-related activities, Freight revenue, and Other revenue.

Helloworld Travel Headlines

No Headlines