London Finance & Investment Group (JSE:LNF) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is London Finance & Investment 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. London Finance & Investment Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

London Finance & Investment Group's long-term debt to total assets ratio declined from Jun. 2023 (0.00) to Jun. 2024 (0.00). It may suggest that London Finance & Investment Group is progressively becoming less dependent on debt to grow their business.

London Finance & Investment Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for London Finance & Investment 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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London Finance & Investment Group LT-Debt-to-Total-Asset Chart

London Finance & Investment Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.03

0.04

0.01

London Finance & Investment Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	-	-	-

London Finance & Investment Group LT-Debt-to-Total-Asset Calculation

London Finance & Investment Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0	/	554.303
	=	0.00

London Finance & Investment Group'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 )
	=	0	/	554.303
	=	0.00

London Finance & Investment Group (JSE:LNF) 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.

London Finance & Investment Group LT-Debt-to-Total-Asset Related Terms

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London Finance & Investment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » London Finance & Investment Group PLC (JSE:LNF) » Definitions » LT-Debt-to-Total-Asset

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LFI:UK

Address

25 Southampton Buildings, Suite 1.01, Central Court, London, GBR, WC2A 1AL

Website

http://www.city-group.com

London Finance & Investment Group PLC is an investment finance and management company. Its investment objective is to generate growth in shareholder value in real terms over the medium to long term whilst maintaining a progressive dividend policy. The company's portfolio includes companies in the FTSE Eurofirst 300 and S&P 500 indices. It also holds investments in United Kingdom listed companies. The company operates through two classes of business, Investment Operations, which derives maximum revenue, and Management Services.

London Finance & Investment Group Headlines

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