P2P Group (FRA:3QG) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2024)

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What is P2P 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. P2P Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.13.

P2P Group's long-term debt to total assets ratio declined from Jun. 2023 (0.32) to Jun. 2024 (0.13). It may suggest that P2P Group is progressively becoming less dependent on debt to grow their business.

P2P Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for P2P 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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P2P Group LT-Debt-to-Total-Asset Chart

P2P Group Annual Data

Trend

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

0.13

0.20

0.34

P2P Group Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.32	0.34	0.68	0.73	0.13

P2P Group LT-Debt-to-Total-Asset Calculation

P2P Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	0.052	/	0.154
	=

P2P 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 )
	=	0.051	/	0.403
	=

P2P Group (FRA:3QG) 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.

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P2P Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » P2P Group Ltd (FRA:3QG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

PPB:Canada

Address

1231 Pacific Boulevard, Suite 650, Vancouver, BC, CAN, V6Z 0E2

Website

https://www.p2pbeauty.com

P2P Group Ltd is engaged in advancing intelligent environments with cutting-edge AI technologies. Its Product Inturai is dedicated to transforming environments across industries through AI-driven monitoring solutions. With proprietary spatial intelligence technology, Inturai creates smarter, safer, and more responsive spaces for sectors including healthcare, industrial automation, and defense. Leveraging cutting-edge AI and self-calibrating Wi-Fi mesh networks, Inturai is charge in the next generation of environment monitoring, seamlessly integrating real-time insights without reliance on traditional hardware sensors.

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