Synlait Milk (ASX:SM1) LT-Debt-to-Total-Asset : 0.10 (As of Jan. 2025)

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What is Synlait Milk 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. Synlait Milk's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.10.

Synlait Milk's long-term debt to total assets ratio increased from Jan. 2024 (0.07) to Jan. 2025 (0.10). It may suggest that Synlait Milk is progressively becoming more dependent on debt to grow their business.

Synlait Milk LT-Debt-to-Total-Asset Historical Data

The historical data trend for Synlait Milk'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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Synlait Milk LT-Debt-to-Total-Asset Chart

Synlait Milk Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.30

0.29

0.20

Synlait Milk Semi-Annual Data
	Jan14	Jan15	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	-	0.07	-	0.10

Synlait Milk LT-Debt-to-Total-Asset Calculation

Synlait Milk's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	203.916	/	0
	=

Synlait Milk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	157.598	/	1513.409
	=	0.10

Synlait Milk (ASX:SM1) 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.

Synlait Milk LT-Debt-to-Total-Asset Related Terms

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Synlait Milk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Synlait Milk Ltd (ASX:SM1) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SML:New Zealand

Address

1028 Heslerton Road, RD13, Rakaia, STL, NZL, 7783

Website

https://www.synlait.com

Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.

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