Silk Logistics Holdings (ASX:SLH) LT-Debt-to-Total-Asset : 0.57 (As of Dec. 2024)

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What is Silk Logistics Holdings 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. Silk Logistics Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.57.

Silk Logistics Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.47) to Dec. 2024 (0.57). It may suggest that Silk Logistics Holdings is progressively becoming more dependent on debt to grow their business.

Silk Logistics Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Silk Logistics Holdings'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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Silk Logistics Holdings LT-Debt-to-Total-Asset Chart

Silk Logistics Holdings Annual Data

Trend

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.45

0.44

0.58

Silk Logistics Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.49	0.44	0.47	0.58	0.57

Silk Logistics Holdings LT-Debt-to-Total-Asset Calculation

Silk Logistics Holdings'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 )
	=	320.537	/	553.87
	=	0.58

Silk Logistics Holdings'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 )
	=	317.032	/	558.758
	=	0.57

Silk Logistics Holdings (ASX:SLH) 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.

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Silk Logistics Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Silk Logistics Holdings Ltd (ASX:SLH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Lorimer Street, Unit 3, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.silklogistics.com.au

Silk Logistics Holdings Ltd operates in the Australian logistics industry, delivering port-to-door, technology-enabled contract or third-party logistics and time certain Port Logistics services. The business provides these services to clients in several key industries, including, but not limited to FMCG, light industrial, food, specialised retail, and containerised agriculture. The company provides a one-stop shop for integrated port-to-door logistics, providing services in wharf cartage, warehousing, and domestic distribution, through its trading brands Silk Contract Logistics and Rocke Brothers. Its segment includes Port and Contract logistics out of which it generates a majority of its revenue from the Port logistics segment.