The Artisanal Spirits Co (FRA:045) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

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What is The Artisanal Spirits Co 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. The Artisanal Spirits Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

The Artisanal Spirits Co's long-term debt to total assets ratio declined from Dec. 2022 (0.06) to Dec. 2023 (0.05). It may suggest that The Artisanal Spirits Co is progressively becoming less dependent on debt to grow their business.

The Artisanal Spirits Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Artisanal Spirits Co'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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The Artisanal Spirits Co LT-Debt-to-Total-Asset Chart

The Artisanal Spirits Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.04

0.08

0.06

0.05

The Artisanal Spirits Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.08	0.07	0.06	0.06	0.05

The Artisanal Spirits Co LT-Debt-to-Total-Asset Calculation

The Artisanal Spirits Co'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 )
	=	2.989	/	57.83
	=	0.05

The Artisanal Spirits Co'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 )
	=	2.989	/	57.83
	=	0.05

The Artisanal Spirits Co (FRA:045) 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.

The Artisanal Spirits Co LT-Debt-to-Total-Asset Related Terms

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The Artisanal Spirits Co (FRA:045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Artisanal Spirits Co PLC (FRA:045) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ART:UK

Address

87 Giles Street, The Vaults, Edinburgh, GBR, EH6 6BZ

Website

https://www.artisanal-spirits.com

The Artisanal Spirits Co PLC is a curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership. It offers a range of other spirits such as single cask Bourbon, Indian and Japanese whisky, as well as single cask Armagnac, Cognac, gin and rum. Its operations are predominantly based in the UK with the Group also generating revenues across several international markets, including China, the USA, Germany, France, Sweden, Japan, Australia, and Taiwan.

The Artisanal Spirits Co (FRA:045) Headlines

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