TPG (FRA:B81) LT-Debt-to-Total-Asset : 0.12 (As of Jun. 2024)

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What is TPG 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. TPG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.12.

TPG's long-term debt to total assets ratio increased from Jun. 2023 (0.06) to Jun. 2024 (0.12). It may suggest that TPG is progressively becoming more dependent on debt to grow their business.

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

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

TPG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.07

0.08

0.14

TPG Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.06	0.06	0.14	0.12	0.12

TPG LT-Debt-to-Total-Asset Calculation

TPG'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 )
	=	1159.019	/	8591.989
	=	0.13

TPG'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 )
	=	1142.093	/	9356.199
	=	0.12

TPG (FRA:B81) 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.

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

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TPG Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TPG Inc (FRA:B81) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

TPG:USA B81:Germany

Address

301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102

Website

https://www.tpg.com

TPG Inc is an alternative asset firm. It invests across five multi-product platforms namely Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment and performance of its portfolio.

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