4Global (LSE:4GBL) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2023)

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What is 4Global 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. 4Global's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.02.

4Global's long-term debt to total assets ratio declined from Sep. 2022 (0.04) to Sep. 2023 (0.02). It may suggest that 4Global is progressively becoming less dependent on debt to grow their business.

4Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for 4Global'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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4Global LT-Debt-to-Total-Asset Chart

4Global Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.07

0.05

0.14

0.03

0.05

4Global Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.13	0.03	0.04	0.05	0.02

4Global LT-Debt-to-Total-Asset Calculation

4Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0.303	/	6.329
	=	0.05

4Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.083	/	5.186
	=	0.02

4Global (LSE:4GBL) 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.

4Global LT-Debt-to-Total-Asset Related Terms

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4Global (LSE:4GBL) Business Description

Industry

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Traded in Other Exchanges

HS9:Germany

Address

566 Chiswick High Road, 5th Floor, Building 7 Chiswick Park, Chiswick, London, GBR, W4 5YG

Website

https://www.4global.com

4Global PLC is a software, data and services sport and health company. The company provides data, software and services to governments, cities and local authorities, sporting federations and activity providers, using its proprietary software and data platform: Sport Intelligence. Its focus is on helping its clients tackle the inactivity problem through data and insight to realise significant savings in health due to increase physical activity.

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