DP Aircraft I (LSE:DPA) LT-Debt-to-Total-Asset : 0.62 (As of Dec. 2023)

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What is DP Aircraft I 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. DP Aircraft I's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.62.

DP Aircraft I's long-term debt to total assets ratio declined from Dec. 2022 (0.62) to Dec. 2023 (0.62). It may suggest that DP Aircraft I is progressively becoming less dependent on debt to grow their business.

DP Aircraft I LT-Debt-to-Total-Asset Historical Data

The historical data trend for DP Aircraft I'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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DP Aircraft I LT-Debt-to-Total-Asset Chart

DP Aircraft I Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.43

0.70

0.66

0.62

DP Aircraft I Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.66	0.64	0.62	0.63	0.62

DP Aircraft I LT-Debt-to-Total-Asset Calculation

DP Aircraft I'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 )
	=	92.712	/	150.864
	=	0.61

DP Aircraft I's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	92.712	/	150.864
	=	0.61

DP Aircraft I (LSE:DPA) 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.

DP Aircraft I LT-Debt-to-Total-Asset Related Terms

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DP Aircraft I (LSE:DPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DP Aircraft I Ltd (LSE:DPA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Les Banques, East Wing, Trafalgar Court, Saint Peter Port, Channel Islands, GGY, GY1 3PP

Website

https://www.dpaircraft.com

DP Aircraft I Ltd is a holding company and makes its investment in aircraft through wholly-owned subsidiary entities. The company's principal activity is to purchase, lease, and then sell Boeing 787-8s Aircraft (the Assets). The investment objective of the group is to obtain income and capital returns for the company's shareholders by acquiring, leasing and then, when the Board considers it appropriate, selling the Assets. The group is engaged in a single segment of the business, being acquiring, leasing, and subsequent selling of Aircraft. It earns revenue majorly from its lease rental business.

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