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Avon Technologies (LSE:AVON) LT-Debt-to-Total-Asset : 0.24 (As of Sep. 2024)


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What is Avon Technologies 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. Avon Technologies's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.24.

Avon Technologies's long-term debt to total assets ratio declined from Sep. 2023 (0.27) to Sep. 2024 (0.24). It may suggest that Avon Technologies is progressively becoming less dependent on debt to grow their business.


Avon Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Avon Technologies'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.

* Premium members only.

Avon Technologies LT-Debt-to-Total-Asset Chart

Avon Technologies Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.17 0.21 0.27 0.24

Avon Technologies Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.28 0.27 0.25 0.24

Avon Technologies LT-Debt-to-Total-Asset Calculation

Avon Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )/Total Assets (A: Sep. 2024 )
=57.078/236.552
=0.24

Avon Technologies'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 )
=57.078/236.552
=0.24

* 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.


Avon Technologies  (LSE:AVON) 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.


Avon Technologies LT-Debt-to-Total-Asset Related Terms

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Avon Technologies Business Description

Traded in Other Exchanges
Address
Semington Road, Hampton Park West, Melksham, Wiltshire, GBR, SN12 6NB
Avon Technologies PLC is a world leader in protective equipment, with a reputation for innovative design, high-performance quality and specialist materials expertise. The company's two businesses, Avon Protection and Team Wendy supply its respiratory and head protection portfolio to customers across the globe from its manufacturing sites in the UK and North America.

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