Frenkel Topping Group (LSE:FEN) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Frenkel Topping 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. Frenkel Topping Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Frenkel Topping Group's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.01) to Dec. 2023 (0.01).

Frenkel Topping Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Frenkel Topping 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.

* Premium members only.

Frenkel Topping Group LT-Debt-to-Total-Asset Chart

Frenkel Topping Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Frenkel Topping Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															0.01	-	0.01	-	0.01

Frenkel Topping Group LT-Debt-to-Total-Asset Calculation

Frenkel Topping Group'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 )
	=	0.58	/	53.135
	=	0.01

Frenkel Topping Group'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 )
	=	0.58	/	53.135
	=	0.01

Frenkel Topping Group (LSE:FEN) 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.

Frenkel Topping Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Frenkel Topping Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Frenkel Topping Group (LSE:FEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Frenkel Topping Group PLC (LSE:FEN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Carolina Way, Frenkel House, Salford, Manchester, GBR, M50 2ZY

Website

https://www.frenkeltopping.co.uk

Frenkel Topping Group PLC is a part of the financial services domain in the United Kingdom. Its business involves the provision of specialist independent financial advice and wealth management focused on asset protection. The operating segment includes financial services, Costs Law and Other Professional Services Its primary objective is to grow the assets under management. The company derives revenue mainly from its activities in the United Kingdom.