Helical (LSE:HLCL) LT-Debt-to-Total-Asset : 0.35 (As of Mar. 2024)

View and export this data going back to 1957. Start your Free Trial

What is Helical 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. Helical's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.35.

Helical's long-term debt to total assets ratio increased from Mar. 2023 (0.27) to Mar. 2024 (0.35). It may suggest that Helical is progressively becoming more dependent on debt to grow their business.

Helical LT-Debt-to-Total-Asset Historical Data

The historical data trend for Helical'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.

Helical LT-Debt-to-Total-Asset Chart

Helical Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.34

0.36

0.27

0.35

Helical Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.26	0.27	0.31	0.35

Helical LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	231.079	/	657.869
	=	0.35

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	231.079	/	657.869
	=	0.35

Helical (LSE:HLCL) 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.

Helical LT-Debt-to-Total-Asset Related Terms

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

Helical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Helical PLC (LSE:HLCL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HLCLl:UK HLCL.GB:UK

Address

5 Hanover Square, London, GBR, W1S 1HQ

Website

https://www.helical.co.uk

Helical PLC is a United Kingdom-based property investment and development company that operates across many sectors of the property industry. Its principal areas of business include high-yielding retail investments, central London office investments, central London office refurbishment, and development projects, regional pre-let food store developments, and retirement villages. The company operates in two segments including investment properties and development properties. It generates a majority of its revenue from Investment properties, which are owned or leased by the company for long-term income and capital appreciation.

Helical Headlines

No Headlines