Service Stream (ASX:SSM) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Service Stream 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. Service Stream's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Service Stream's long-term debt to total assets ratio declined from Dec. 2023 (0.10) to Dec. 2024 (0.05). It may suggest that Service Stream is progressively becoming less dependent on debt to grow their business.

Service Stream LT-Debt-to-Total-Asset Historical Data

The historical data trend for Service Stream'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.

* Premium members only.

Service Stream LT-Debt-to-Total-Asset Chart

Service Stream Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.10

0.18

0.14

0.09

Service Stream 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															0.21	0.14	0.10	0.09	0.05

Service Stream LT-Debt-to-Total-Asset Calculation

Service Stream'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 )
	=	95.678	/	1048.639
	=	0.09

Service Stream'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 )
	=	48.784	/	1032.422
	=	0.05

Service Stream (ASX:SSM) 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.

Service Stream LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Service Stream's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Service Stream Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Service Stream Ltd (ASX:SSM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

UFY:Germany

Address

357 Collins Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.servicestream.com.au

Service Stream Ltd is engaged in the provision of telecommunications and network services. Its segments are Telecommunications, Transport, and Utilities. The Telecommunications segment provides a range of operations, maintenance, installation, design, and construction services to the owners of fixed-line and wireless telecommunication networks in Australia. Transport provides long-term operational support and maintenance services to public and private road and tunnel asset owners. The utilities segment provides operations, maintenance, design, and construction services, specialist metering, new energy, and inspection services to gas, water, and electricity network owners, among others. It generates revenue from the Telecommunications segment.

Service Stream Headlines

No Headlines