Team (FRA:1WQ) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Team 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. Team's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Team's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.03). It may suggest that Team is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Team'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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Team LT-Debt-to-Total-Asset Chart

Team Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

0.04

0.05

0.03

Team Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.05	0.05	0.05	0.10	0.03

Team LT-Debt-to-Total-Asset Calculation

Team'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 )
	=	0.522	/	18.523
	=	0.03

Team'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 )
	=	0.522	/	18.523
	=	0.03

Team (FRA:1WQ) 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.

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

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Team Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Team PLC (FRA:1WQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TEAM:UK

Address

6 Caledonia Place, 1st Floor, Saint Helier, JEY, JE2 3NG

Website

https://www.teamplc.co.uk

Team PLC is a wealth, asset management, and complementary financial services group. It has three principal activities, Investment Management, Advisory, and International. Investment Management provides discretionary investment management services, model portfolios, bespoke portfolios, and fund management services via fixed-income and equity fund vehicles. Advisory services are predominantly for individuals resident in Jersey, investment consultancy services to wealthy individuals and trusts and treasury advisory services for institutions, professional advisers, trustees, and high net-worth individuals. International is its financial advisory, fund distribution division, and insurance brokering services covering Africa, the Middle East, and Asia.

Team Headlines

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