Precision Air Services (DAR:PAL) LT-Debt-to-Total-Asset : 0.00 (As of . 20)

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What is Precision Air Services 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. Precision Air Services's long-term debt to total assests ratio for the quarter that ended in . 20 was 0.00.

Precision Air Services's long-term debt to total assets ratio stayed the same from . 20 (0.00) to . 20 (0.00).

Precision Air Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Precision Air Services'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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Precision Air Services LT-Debt-to-Total-Asset Chart

Precision Air Services Annual Data

Trend

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Precision Air Services Semi-Annual Data

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Precision Air Services LT-Debt-to-Total-Asset Calculation

Precision Air Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Precision Air Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in . 20 is calculated as

LT Debt to Total Assets (Q: . 20 )	=	Long-Term Debt & Capital Lease Obligation (Q: . 20 )	/	Total Assets (Q: . 20 )
	=		/
	=

Precision Air Services (DAR:PAL) 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.

Precision Air Services LT-Debt-to-Total-Asset Related Terms

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Precision Air Services (DAR:PAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Precision Air Services PLC (DAR:PAL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mirambo Street/Samora Avenue, P.O. Box 70770, Diamond Plaza, 1st Floor, Plot no 162/38, Dar-es-Salaam, TZA

Website

https://www.precisionairtz.com

Precision Air Services PLC operates an airline in Tanzania. The company facilitates domestic travel within Tanzania and regional travel within East Africa.

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