Alumasc Group (LSE:ALU) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2024)

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What is Alumasc 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. Alumasc Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.19.

Alumasc Group's long-term debt to total assets ratio declined from Dec. 2023 (0.24) to Dec. 2024 (0.19). It may suggest that Alumasc Group is progressively becoming less dependent on debt to grow their business.

Alumasc Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alumasc 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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Alumasc Group LT-Debt-to-Total-Asset Chart

Alumasc Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.30

0.14

0.24

0.19

0.22

Alumasc Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.19	0.24	0.22	0.19

Alumasc Group LT-Debt-to-Total-Asset Calculation

Alumasc 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 )
	=	18.431	/	82.413
	=	0.22

Alumasc Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	15.477	/	82.217
	=	0.19

Alumasc Group (LSE:ALU) 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.

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Alumasc Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Alumasc Group PLC (LSE:ALU) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

0JL:Germany

Address

Station Road, Burton Latimer, Kettering, Northamptonshire, GBR, NN15 5JP

Website

https://www.alumasc.co.uk

Alumasc Group PLC is a building product, system, and solution company. Its segment includes Water Management, Building Envelope and Housebuilding Products. The company operates in the UK, Europe, North America, the Middle East, the Far East, and the Rest of the World. It generates the majority of its revenue from the United Kingdom. The company generates the majority of its revenue from Water Management.