McColl's Retail Group (LSE:MCLS) LT-Debt-to-Total-Asset : 0.54 (As of May. 2021)

View and export this data going back to 2014. Start your Free Trial

What is McColl's Retail 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. McColl's Retail Group's long-term debt to total assests ratio for the quarter that ended in May. 2021 was 0.54.

McColl's Retail Group's long-term debt to total assets ratio increased from May. 2020 (0.51) to May. 2021 (0.54). It may suggest that McColl's Retail Group is progressively becoming more dependent on debt to grow their business.

McColl's Retail Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for McColl's Retail 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.

McColl's Retail Group LT-Debt-to-Total-Asset Chart

McColl's Retail Group Annual Data

Trend

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.12

0.31

0.23

0.29

0.49

McColl's Retail Group Semi-Annual Data
	Nov11	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.23	0.29	0.51	0.49	0.54

McColl's Retail Group LT-Debt-to-Total-Asset Calculation

McColl's Retail Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2020 is calculated as

LT Debt to Total Assets (A: Nov. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2020 )	/	Total Assets (A: Nov. 2020 )
	=	272.7	/	562.3
	=	0.48

McColl's Retail Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2021 is calculated as

LT Debt to Total Assets (Q: May. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2021 )	/	Total Assets (Q: May. 2021 )
	=	292.4	/	546
	=	0.54

McColl's Retail Group (LSE:MCLS) 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.

McColl's Retail Group LT-Debt-to-Total-Asset Related Terms

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

McColl's Retail Group (LSE:MCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » McColl's Retail Group PLC (LSE:MCLS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

One London Road, Ground Floor West, Brentwood, Essex, GBR, CM14 4QW

Website

https://www.mccolls.co.uk

McColl's Retail Group PLC is a retailer operator of convenience and newsagent stores. The company's products and services include everyday groceries, milk, baked beans, fruit pots, snacks, and ready meals, Lotto, Paypoint, and beers, wines, and spirits. The group operates more than 800 convenience stores and approximately 400 newsagent stores. It derives most of the revenue from convenience stores.

McColl's Retail Group (LSE:MCLS) Headlines

No Headlines