Amicorp FS (UK) (LSE:AMIF) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

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What is Amicorp FS (UK) 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. Amicorp FS (UK)'s long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Amicorp FS (UK)'s long-term debt to total assets ratio declined from Jun. 2023 (0.03) to Jun. 2024 (0.02). It may suggest that Amicorp FS (UK) is progressively becoming less dependent on debt to grow their business.

Amicorp FS (UK) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Amicorp FS (UK)'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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Amicorp FS (UK) LT-Debt-to-Total-Asset Chart

Amicorp FS (UK) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.03

Amicorp FS (UK) Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	-	0.03	0.03	0.03	0.02

Amicorp FS (UK) LT-Debt-to-Total-Asset Calculation

Amicorp FS (UK)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.304	/	11.024
	=	0.03

Amicorp FS (UK)'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 )
	=	0.245	/	12.301
	=	0.02

Amicorp FS (UK) (LSE:AMIF) 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.

Amicorp FS (UK) LT-Debt-to-Total-Asset Related Terms

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Amicorp FS (UK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Amicorp FS (UK) PLC (LSE:AMIF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Lloyd's Avenue, 3rd Floor, London, GBR, EC3N 3AE

Website

https://www.amicorp-funds.com

Amicorp FS (UK) PLC is an international specialist fund services group that works with a broad mix of clients including institutional investors, fund managers (private equity, venture capital, and real estate) as well as family offices to provide a suite of specialist services across markets. Its reportable segments of the company include fund administration, business process outsourcing, and regulatory and compliance. The company generates the majority of its revenue from the Fund administration segment. Geographically the company generates revenue from Europe, the Middle East, Asia and India, and Latin America.

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