Ashmore Group (FRA:A1B) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Ashmore 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. Ashmore Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Ashmore Group's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.00). It may suggest that Ashmore Group is progressively becoming less dependent on debt to grow their business.

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

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

Ashmore Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

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Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.01

Ashmore 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															0.01	0.01	0.01	-	-

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

Ashmore 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 )
	=	4.312	/	1175.543
	=	0.00

Ashmore 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 )
	=	3.482	/	1124.892
	=	0.00

Ashmore Group (FRA:A1B) 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.

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

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Ashmore Group (FRA:A1B) Business Description

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Comparable Companies

Traded in Other Exchanges

AJMPF:USA ASHMl:UK ASHM:UK

Address

61 Aldwych, London, GBR, WC2B 4AE

Website

https://www.ashmoregroup.com/en-gb

Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to a global client base, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments.

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