Diploma (Diploma) LT-Debt-to-Total-Asset : 0.25 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Diploma 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. Diploma's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.25.

Diploma's long-term debt to total assets ratio increased from Mar. 2023 (0.18) to Mar. 2024 (0.25). It may suggest that Diploma is progressively becoming more dependent on debt to grow their business.

Diploma LT-Debt-to-Total-Asset Historical Data

The historical data trend for Diploma'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.

Diploma LT-Debt-to-Total-Asset Chart

Diploma Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.04

0.23

0.29

0.24

Diploma Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.29	0.18	0.24	0.25

Diploma LT-Debt-to-Total-Asset Calculation

Diploma's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	472.772	/	1966.955
	=	0.24

Diploma's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	493.139	/	1964.549
	=	0.25

Diploma (OTCPK:DPLMF) 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.

Diploma LT-Debt-to-Total-Asset Related Terms

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

Diploma (Diploma) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Diploma PLC (OTCPK:DPLMF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DPMAY:USA DPLMl:UK DPLM:UK DP9:Germany

Address

10-11 Charterhouse Square, London, GBR, EC1M 6EE

Website

https://www.diplomaplc.com

Diploma PLC is a group of businesses supplying specialised technical products and services to various industries. The company offers consumables, instrumentation, and related services to the healthcare and environmental industries; seals, gaskets, filters, cylinders, components, and kits for heavy mobile machinery and industrial equipment; and specialised wiring, connectors, fasteners, and control devices for various applications. It operates in segments such as Wire & Cable (UK), Industrial Automation, Specialty Adhesives, Windy City Wire, Interconnect and Specialty Fasteners. The company operates in North America, Continental Europe, UK and Australia, out of which North America generates maximum revenue.