IMBBY (Imperial Brands) LT-Debt-to-Total-Asset : 0.28 (As of Sep. 2024)

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What is Imperial Brands 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. Imperial Brands's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.28.

Imperial Brands's long-term debt to total assets ratio increased from Sep. 2023 (0.28) to Sep. 2024 (0.28). It may suggest that Imperial Brands is progressively becoming more dependent on debt to grow their business.

Imperial Brands LT-Debt-to-Total-Asset Historical Data

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

Imperial Brands Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.32

0.31

0.30

0.28

Imperial Brands Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.30	0.28	0.27	0.28

Imperial Brands LT-Debt-to-Total-Asset Calculation

Imperial Brands's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	10325.397	/	36806.878
	=	0.28

Imperial Brands'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 )
	=	10325.397	/	36806.878
	=	0.28

Imperial Brands (OTCPK:IMBBY) 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.

Imperial Brands LT-Debt-to-Total-Asset Related Terms

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Imperial Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Imperial Brands PLC (OTCPK:IMBBY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

IMBBF:USA IMB:Mexico IMBl:UK IMB:UK ITBA:Germany ITB:Germany ITB:Germany ITBA:Germany ITB:Germany

Address

121 Winterstoke Road, Bristol, GBR, BS3 2LL

Website

https://www.imperialbrandsplc.com

Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2023 volume of 198 billion cigarettes sold in more than 120 countries. Its largest markets are the UK, Germany, France, and the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands). The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.