Knights Group Holdings (LSE:KGH) LT-Debt-to-Total-Asset : 0.39 (As of Oct. 2024)

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What is Knights Group Holdings 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. Knights Group Holdings's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.39.

Knights Group Holdings's long-term debt to total assets ratio increased from Oct. 2023 (0.17) to Oct. 2024 (0.39). It may suggest that Knights Group Holdings is progressively becoming more dependent on debt to grow their business.

Knights Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Knights Group Holdings'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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Knights Group Holdings LT-Debt-to-Total-Asset Chart

Knights Group Holdings Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

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0.31

0.32

0.36

0.34

0.35

Knights Group Holdings Semi-Annual Data
	Apr16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.38	0.34	0.17	0.35	0.39

Knights Group Holdings LT-Debt-to-Total-Asset Calculation

Knights Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	75.538	/	219.101
	=	0.34

Knights Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	92.734	/	239.488
	=	0.39

Knights Group Holdings (LSE:KGH) 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.

Knights Group Holdings LT-Debt-to-Total-Asset Related Terms

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Knights Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Knights Group Holdings PLC (LSE:KGH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

77Q:Germany

Address

The Brampton, Newcastle-Under-Lyme, Staffordshire, GBR, ST5 0QW

Website

https://www.knightsplc.com

Knights Group Holdings PLC is engaged in providing regional legal and professional service businesses. The group provides corporate and commercial legal services at scale and across a broad sector basis, like the larger national law firms. The company generates fee income across various individual departments, which includes niche areas to service the specific needs of its clients. Its service lines include real estate, Dispute Resolution, Corporate, Employment, CL Medilaw, and private client.

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