Top Shelf International Holdings (ASX:TSI) LT-Debt-to-Total-Asset: 0.07 (As of Jun. 2024)


What is Top Shelf International Holdings LT-Debt-to-Total-Asset?

Top Shelf International Holdings ASX:TSI LT-Debt-to-Total-Asset is 0.07 as of Jun. 2024.

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. Top Shelf International Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.07.

Top Shelf International Holdings's long-term debt to total assets ratio declined from Jun. 2023 (0.08) to Jun. 2024 (0.07). It may suggest that Top Shelf International Holdings is progressively becoming less dependent on debt to grow their business.

Top Shelf International Holdings  (ASX:TSI) 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.

Top Shelf International Holdings LT-Debt-to-Total-Asset Related Terms

Top Shelf International Holdings LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Top Shelf International 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.

Top Shelf International Holdings LT-Debt-to-Total-Asset Chart

Top Shelf International Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
0.12 0.27 0.28 0.08 0.07

Top Shelf International Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.28 0.40 0.08 0.08 0.07

Top Shelf International Holdings LT-Debt-to-Total-Asset Calculation

Top Shelf International 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 )
=6.159/83.931
=0.07

Top Shelf International Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=6.159/83.931
=0.07

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.07 mean?
Top Shelf International Holdings (ASX:TSI) has a LT-Debt-to-Total-Asset of 0.07 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Top Shelf International Holdings and its competitors.
Is Top Shelf International Holdings' LT-Debt-to-Total-Asset too high?
Top Shelf International Holdings' current LT-Debt-to-Total-Asset is 0.07.
How does Top Shelf International Holdings' LT-Debt-to-Total-Asset compare to TAP?
Top Shelf International Holdings' LT-Debt-to-Total-Asset of 0.07 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Beverages - Alcoholic company?
A good LT-Debt-to-Total-Asset depends on the Beverages - Alcoholic industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Top Shelf International Holdings and its competitors. Top Shelf International Holdings's current LT-Debt-to-Total-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Shelf International Holdings stock overvalued right now?
Top Shelf International Holdings (ASX:TSI) has a current LT-Debt-to-Total-Asset of 0.07. The current LT-Debt-to-Total-Asset is 0.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Top Shelf International Holdings (ASX:TSI), the current LT-Debt-to-Total-Asset is 0.07 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Top Shelf International Holdings Business Description

Address 16-18 National Boulevard, Campbellfield, VIC, AUS, 3061
Top Shelf International Holdings Ltd is a beverages manufacturer and distributor in Australia. The company's beverage manufacturing capability includes spirit distillation, maturation, mixing, carbonation along with canning and glass and PET bottling lines for supply into domestic and international markets of non-alcoholic and alcoholic beverages.