The Australian Wealth Advisors Group (ASX:WAG) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is The Australian Wealth Advisors Group 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. The Australian Wealth Advisors Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

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

The Australian Wealth Advisors Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Australian Wealth Advisors Group'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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The Australian Wealth Advisors Group LT-Debt-to-Total-Asset Chart

The Australian Wealth Advisors Group Annual Data

Trend

Jun24

LT-Debt-to-Total-Asset

The Australian Wealth Advisors Group Semi-Annual Data
	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	0.01	-	0.01

The Australian Wealth Advisors Group LT-Debt-to-Total-Asset Calculation

The Australian Wealth Advisors Group'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	/	13.301
	=	0.00

The Australian Wealth Advisors Group'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 )
	=	0.061	/	13.222
	=	0.00

The Australian Wealth Advisors Group (ASX:WAG) 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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The Australian Wealth Advisors Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Australian Wealth Advisors Group Ltd (ASX:WAG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

342 South Road, Suite 5, Hampton East, Melbourne, VIC, AUS, 3188

Website

https://www.australianwealth.com.au

The Australian Wealth Advisors Group Ltd is a Financial Management Firm. Its passion and expertise are providing attentive financial planning and advisory services on asset allocation and asset management.

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