Saferoads Holdings (ASX:SRH) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Saferoads 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. Saferoads Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Saferoads Holdings's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.01). It may suggest that Saferoads Holdings is progressively becoming less dependent on debt to grow their business.

Saferoads Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Saferoads 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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Saferoads Holdings LT-Debt-to-Total-Asset Chart

Saferoads Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.24

0.25

0.23

0.20

0.08

Saferoads Holdings 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															0.19	0.20	0.07	0.08	0.01

Saferoads Holdings LT-Debt-to-Total-Asset Calculation

Saferoads 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 )
	=	0.928	/	11.751
	=	0.08

Saferoads 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 )
	=	0.047	/	10.214
	=	0.00

Saferoads Holdings (ASX:SRH) 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.

Saferoads Holdings LT-Debt-to-Total-Asset Related Terms

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Saferoads Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Saferoads Holdings Ltd (ASX:SRH) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

22 Commercial Drive, PO Box 2030, Pakenham, Melbourne, VIC, AUS, 3810

Website

https://www.saferoads.com.au

Saferoads Holdings Ltd is incorporated in Australia. The company provides road safety products and solutions to State and Local Governments, road construction companies and hire companies. Its products and services include flexible guide posts; rubber or plastic roundabouts and pedestrian islands; variable message sign boards; decorative and standard street and freeway light poles; traffic signals; crash cushions and barriers; and guardrail and wire rope safety barriers. The company operates predominantly in Australia.

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