SHAPE Australia (ASX:SHA) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2024)

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What is SHAPE Australia 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. SHAPE Australia's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.09.

SHAPE Australia's long-term debt to total assets ratio declined from Dec. 2023 (0.11) to Dec. 2024 (0.09). It may suggest that SHAPE Australia is progressively becoming less dependent on debt to grow their business.

SHAPE Australia LT-Debt-to-Total-Asset Historical Data

The historical data trend for SHAPE Australia'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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SHAPE Australia LT-Debt-to-Total-Asset Chart

SHAPE Australia Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.02

0.12

0.11

0.09

SHAPE Australia Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.10	0.11	0.11	0.09	0.09

SHAPE Australia LT-Debt-to-Total-Asset Calculation

SHAPE Australia'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 )
	=	22.853	/	251.144
	=	0.09

SHAPE Australia'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 )
	=	21.635	/	252.854
	=	0.09

SHAPE Australia (ASX:SHA) 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.

SHAPE Australia LT-Debt-to-Total-Asset Related Terms

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SHAPE Australia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SHAPE Australia Corp Ltd (ASX:SHA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 Clarence Street, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.shape.com.au

SHAPE Australia Corp Ltd is a specialist building contractor and construction manager, focused on commercial fit-out and refurbishments, with select capabilities in the new build.

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