Peoplein (ASX:PPE) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Peoplein 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. Peoplein's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.27.

Peoplein's long-term debt to total assets ratio increased from Dec. 2023 (0.18) to Dec. 2024 (0.27). It may suggest that Peoplein is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Peoplein'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.

Peoplein LT-Debt-to-Total-Asset Chart

Peoplein Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.20

0.32

Peoplein Semi-Annual Data
	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										0.20	0.20	0.18	0.32	0.27

Peoplein LT-Debt-to-Total-Asset Calculation

Peoplein'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 )
	=	123.813	/	391.281
	=	0.32

Peoplein'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 )
	=	102.336	/	377.075
	=	0.27

Peoplein (ASX:PPE) 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.

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

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

Peoplein Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Peoplein Ltd (ASX:PPE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

540 Wickham Street, Level 6, Fortitude Valley, QLD, AUS, 4006

Website

https://www.peoplein.com.au

Peoplein Ltd is a workforce management company. It delivers solutions to the workforce challenges faced by businesses in Australia. It provides recruiting, on-boarding, contracting, rostering, timesheet management, payroll, and workplace health and safety management. It also operates in disability care, childcare, infrastructure, mining, agriculture, and hospitality. It also operates under Health and Community Care, Information Technology and General Staffing, and Specialist Services. The Group segments the business into three verticals, Industrial and Specialist Services, Professional Services and Health and Community. The Group generates the majority of its revenue from Industrial and Specialist Services.

Peoplein Headlines

No Headlines