The London Tunnels (FRA:Y5H) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2024)

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What is The London Tunnels 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. The London Tunnels's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.23.

The London Tunnels's long-term debt to total assets ratio increased from Dec. 2021 (0.00) to Sep. 2024 (0.23). It may suggest that The London Tunnels is progressively becoming more dependent on debt to grow their business.

The London Tunnels LT-Debt-to-Total-Asset Historical Data

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

The London Tunnels Annual Data

Trend

LT-Debt-to-Total-Asset

The London Tunnels Semi-Annual Data
	Dec21	Sep23	Sep24
LT-Debt-to-Total-Asset	-	0.37	0.23

The London Tunnels LT-Debt-to-Total-Asset Calculation

The London Tunnels's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

The London Tunnels'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 )
	=	3.913	/	17.342
	=

The London Tunnels (FRA:Y5H) 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.

The London Tunnels LT-Debt-to-Total-Asset Related Terms

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The London Tunnels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » The London Tunnels PLC (FRA:Y5H) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TLT:Netherlands

Address

2nd Floor Nicola Jane House, Southern Gate, Chichester, West Sussex, Chichester, GBR, PO19 8SE

Website

https://thelondontunnels.com

The London Tunnels PLC is engaged in operation of historical sites and buildings and similar visitor attractions.

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