Finbar Group (Finbar Group) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Finbar 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. Finbar Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Finbar Group's long-term debt to total assets ratio declined from Dec. 2022 (0.25) to Dec. 2023 (0.01). It may suggest that Finbar Group is progressively becoming less dependent on debt to grow their business.

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

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

Finbar Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.12

0.03

0.20

0.18

0.03

Finbar Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.18	0.25	0.03	0.01

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

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

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	9.935	/	295.681
	=	0.03

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

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4.933	/	368.247
	=	0.01

Finbar Group (OTCPK:FNBRF) 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.

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

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Finbar Group (Finbar Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Finbar Group Ltd (OTCPK:FNBRF) » Definitions » LT-Debt-to-Total-Asset

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FRI:Australia

Address

181 Adelaide Terrace, Level 6, East Perth, Perth, WA, AUS, 6004

Website

https://www.finbar.com.au

Finbar Group Ltd develops and invests in properties in Australia. The company develops medium to high density residential apartments and commercial properties, as well as rents its properties in Western Australia. It operates through the following segments: Residential apartment development, Commercial office/Retail development, Rental of property, and Corporate. The majority of the group's revenue is generated through the Residential apartment development segment in Western Australia. Geographically the group operates in Western Australia.

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