CZOOF (Cazoo Group) LT-Debt-to-Total-Asset: 0.82 (As of Jun. 2023)


What is Cazoo Group LT-Debt-to-Total-Asset?

Cazoo Group CZOOF -99.00% LT-Debt-to-Total-Asset is 0.82 as of Jun. 2023.

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. Cazoo Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.82.

Cazoo Group's long-term debt to total assets ratio increased from Jun. 2022 (0.36) to Jun. 2023 (0.82). It may suggest that Cazoo Group is progressively becoming more dependent on debt to grow their business.

Cazoo Group  (OTCPK:CZOOF) 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.

Cazoo Group LT-Debt-to-Total-Asset Related Terms

Cazoo Group LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Cazoo 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.

Cazoo Group LT-Debt-to-Total-Asset Chart

Cazoo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.04 0.09 0.12 0.51

Cazoo Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.09 0.12 0.36 0.51 0.82

Cazoo Group LT-Debt-to-Total-Asset Calculation

Cazoo Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=536.804/1053.476
=0.51

Cazoo Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=546.138/667.1
=0.82

* 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 0.82 mean?
Cazoo Group (CZOOF) has a LT-Debt-to-Total-Asset of 0.82 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Cazoo Group and its competitors.
Is Cazoo Group's LT-Debt-to-Total-Asset too high?
Cazoo Group's current LT-Debt-to-Total-Asset is 0.82.
How does Cazoo Group's LT-Debt-to-Total-Asset compare to CTNT and JZXN?
Cazoo Group's LT-Debt-to-Total-Asset of 0.82 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good LT-Debt-to-Total-Asset depends on the Vehicles & Parts 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 Cazoo Group and its competitors. Cazoo Group's current LT-Debt-to-Total-Asset is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cazoo Group stock overvalued right now?
Cazoo Group (CZOOF) has a current LT-Debt-to-Total-Asset of 0.82. The current LT-Debt-to-Total-Asset is 0.82. 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 Cazoo Group (CZOOF), the current LT-Debt-to-Total-Asset is 0.82 as of Jun. 2023. 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.

Cazoo Group Business Description

Address 41 Chalton Street, London, GBR, NW1 1JD
Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.