Frontier Transport Holdings (JSE:FTH) LT-Debt-to-Total-Asset : 0.09 (As of Sep. 2024)

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What is Frontier Transport Holdings 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. Frontier Transport Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.09.

Frontier Transport Holdings's long-term debt to total assets ratio increased from Sep. 2023 (0.06) to Sep. 2024 (0.09). It may suggest that Frontier Transport Holdings is progressively becoming more dependent on debt to grow their business.

Frontier Transport Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Frontier Transport Holdings'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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Frontier Transport Holdings LT-Debt-to-Total-Asset Chart

Frontier Transport Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.15

0.10

0.05

0.04

0.08

Frontier Transport Holdings Semi-Annual Data
	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											0.04	0.04	0.06	0.08	0.09

Frontier Transport Holdings LT-Debt-to-Total-Asset Calculation

Frontier Transport Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	188.763	/	2326.288
	=	0.08

Frontier Transport Holdings'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 )
	=	232.172	/	2533.457
	=	0.09

Frontier Transport Holdings (JSE:FTH) 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.

Frontier Transport Holdings LT-Debt-to-Total-Asset Related Terms

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Frontier Transport Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Transport Holdings Ltd (JSE:FTH) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460

Website

http://www.hplr.co.za

Frontier Transport Holdings Ltd is an investment entity tailored to consolidate and expand opportunities in the mobility and logistics sectors. The company through its subsidiary provides a scheduled commuter bus operator in the Cape Metropole. The company provides services such as Public Transport, School & Private Tours, Luxury Coaches, Shuttle Services, and Parts & Spares Sales.

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