James Halstead (LSE:JHDA.PFD) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is James Halstead 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. James Halstead's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

James Halstead's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.02). It may suggest that James Halstead is progressively becoming less dependent on debt to grow their business.

James Halstead LT-Debt-to-Total-Asset Historical Data

The historical data trend for James Halstead'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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James Halstead LT-Debt-to-Total-Asset Chart

James Halstead Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.02

0.01

0.02

James Halstead 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	0.03	0.02	0.02

James Halstead LT-Debt-to-Total-Asset Calculation

James Halstead's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	4.582	/	245.51
	=	0.02

James Halstead'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 )
	=	4.359	/	228.503
	=	0.02

James Halstead (LSE:JHDA.PFD) 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.

James Halstead LT-Debt-to-Total-Asset Related Terms

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James Halstead (LSE:JHDA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » James Halstead PLC (LSE:JHDA.PFD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

JHD.GB:UK JHD:UK

Address

Hollinhurst Road, Beechfield, Radcliffe, Manchester, GBR, M26 1JN

Website

https://www.jameshalstead.com

James Halstead PLC manufactures commercial, contract, and consumer flooring. The flooring is used in offices, retail shops, factories, clinics and hospitals, schools, hotels, cinemas, restaurants, and airports. The firm's portfolio of brands includes Polyflor, Polysafe, Expona, Performa, Saarfloor Systems, Megastrong, Camaro, Colonia, Kudos, Expona Domestic, Voyager, Forest fx, Cavalio, and Arai. Arai is a helmet manufacturer focused on motorsports. The company generates most of its revenue in Europe and the United Kingdom.

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