ESYJY (easyJet) LT-Debt-to-Total-Asset : 0.24 (As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is easyJet 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. easyJet's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.24.

easyJet's long-term debt to total assets ratio increased from Sep. 2023 (0.23) to Sep. 2024 (0.24). It may suggest that easyJet is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for easyJet'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.

easyJet LT-Debt-to-Total-Asset Chart

easyJet Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.26

0.41

0.35

0.23

0.24

easyJet Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.29	0.23	0.27	0.24

easyJet LT-Debt-to-Total-Asset Calculation

easyJet's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	3488.095	/	14596.561
	=	0.24

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	3488.095	/	14596.561
	=	0.24

easyJet (OTCPK:ESYJY) 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.

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

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

easyJet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » easyJet PLC (OTCPK:ESYJY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EJTTF:USA EZJl:UK EZJ:UK EJT1:Germany

Address

Hangar 89, London Luton Airport, Luton, Bedfordshire, GBR, LU2 9PF

Website

https://www.easyjet.com

EasyJet PLC is a European low-cost airline, headquartered in Luton, United Kingdom. Established in 1995, easyJet operates on a point-to-point model, providing affordable and efficient travel options across Europe. The airline serves more than 150 airports in over 30 countries, with a network spanning key cities and popular holiday destinations. EasyJet is known for its extensive route network, with primary bases at London Gatwick, Milan Malpensa, and Geneva, among others. easyJet has two operating segments, being its Airline business, which operates easyJet's route network, and the Holidays business, which sells package holidays.