TUT Fitness Group (FRA:7PG0) LT-Debt-to-Total-Asset: 0.14 (As of Mar. 2024)

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FRA:7PG0 TUT Fitness Group Inc FRA:7PG0
16 GF Score
Price €0.05
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What is TUT Fitness Group LT-Debt-to-Total-Asset?

TUT Fitness Group FRA:7PG0 16 LT-Debt-to-Total-Asset is 0.14 as of Mar. 2024. GuruFocus rates FRA:7PG0 with a GF Score™ of 16/100.

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. TUT Fitness Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

TUT Fitness Group's long-term debt to total assets ratio increased from Mar. 2023 (0.07) to Mar. 2024 (0.14). It may suggest that TUT Fitness Group is progressively becoming more dependent on debt to grow their business.

TUT Fitness Group  (FRA:7PG0) 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.

TUT Fitness Group LT-Debt-to-Total-Asset Related Terms

TUT Fitness Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for TUT Fitness 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.

TUT Fitness Group LT-Debt-to-Total-Asset Chart

TUT Fitness Group Annual Data
Trend Sep21 Sep22 Sep23
LT-Debt-to-Total-Asset
0.00 0.06 0.12

TUT Fitness Group Quarterly Data
Aug20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.06 0.12 0.14 0.14
FRA:7PG0
16GF Score
TUT Fitness Group Inc FRA:7PG0
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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TUT Fitness Group LT-Debt-to-Total-Asset Calculation

TUT Fitness 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 )
=0.082/0.662
=0.12

TUT Fitness Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=0.073/0.51
=0.14

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.14 mean?
TUT Fitness Group (FRA:7PG0) has a LT-Debt-to-Total-Asset of 0.14 as of Mar. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TUT Fitness Group and its competitors.
Is TUT Fitness Group's LT-Debt-to-Total-Asset too high?
TUT Fitness Group's current LT-Debt-to-Total-Asset is 0.14. Overall, TUT Fitness Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TUT Fitness Group's LT-Debt-to-Total-Asset compare to MAT and HAS?
TUT Fitness Group's LT-Debt-to-Total-Asset of 0.14 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TUT Fitness Group and its competitors. TUT Fitness Group's current LT-Debt-to-Total-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TUT Fitness Group stock overvalued right now?
TUT Fitness Group (FRA:7PG0) has a current LT-Debt-to-Total-Asset of 0.14. The current LT-Debt-to-Total-Asset is 0.14. TUT Fitness Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For TUT Fitness Group (FRA:7PG0), the current LT-Debt-to-Total-Asset is 0.14 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TUT Fitness Group Business Description

Address 17277, 56 Avenue, Suite 112, Surrey, BC, CAN, V3S 1C2
TUT Fitness Group Inc is a fitness company. engaged in design, development, and distribution of patented fitness equipment. It designs and manufactures the smallest, more affordable, high-performance home gyms, that can be assembled and disassembled in minutes, and stored almost anywhere.
16GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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