DWLAF (Dowlais Group) LT-Debt-to-Total-Asset : 0.22 (As of Jun. 2024)

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What is Dowlais 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. Dowlais Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.22.

Dowlais Group's long-term debt to total assets ratio increased from Jun. 2023 (0.19) to Jun. 2024 (0.22). It may suggest that Dowlais Group is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Dowlais 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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Dowlais Group LT-Debt-to-Total-Asset Chart

Dowlais Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.21

Dowlais Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.01	0.19	0.21	0.22

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

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1625.316	/	7891.139
	=	0.21

Dowlais Group'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 )
	=	1683.206	/	7629.771
	=	0.22

Dowlais Group (OTCPK:DWLAF) 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.

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

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Dowlais Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dowlais Group PLC (OTCPK:DWLAF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DWLl:UK DWL:UK 6O7:Germany

Address

11 Bressenden Place, 2nd Floor Nova North, London, GBR, SW1E 5BY

Website

https://www.dowlais.com

Dowlais Group PLC is a specialist engineering group focused on the automotive sector. It generates value and capital growth through a portfolio of transformative and innovative businesses.

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