PRL Global (ASX:PRG) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is PRL Global 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. PRL Global's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

PRL Global's long-term debt to total assets ratio increased from Dec. 2023 (0.04) to Dec. 2024 (0.04). It may suggest that PRL Global is progressively becoming more dependent on debt to grow their business.

PRL Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for PRL Global'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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PRL Global LT-Debt-to-Total-Asset Chart

PRL Global Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.04

0.07

0.04

0.06

PRL Global 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															0.02	0.04	0.04	0.06	0.04

PRL Global LT-Debt-to-Total-Asset Calculation

PRL Global'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 )
	=	28.443	/	483.538
	=	0.06

PRL Global'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 )
	=	20.494	/	485.811
	=	0.04

PRL Global (ASX:PRG) 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.

PRL Global LT-Debt-to-Total-Asset Related Terms

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PRL Global Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Thorogood Street, Burswood, Perth, WA, AUS, 6100

Website

https://www.prlgroup.com.au

PRL Global Ltd is a diversified industrial company. Its core business is providing phosphate rock to mainly Southeast Asian markets. The company's operating segments include Fertilizer and Logistics. The logistics division generates the majority of the group's revenue. The Logistics operating segment mainly involves trading, importing, and exporting commodities. It operates in the following geographic areas: Australia, Malaysia, Switzerland, and Singapore. Geographically, the company receives maximum revenue from Australia.