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Marshalls (LSE:MSLH) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2024)


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What is Marshalls 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. Marshalls's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.19.

Marshalls's long-term debt to total assets ratio declined from Jun. 2023 (0.23) to Jun. 2024 (0.19). It may suggest that Marshalls is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Marshalls'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.

Marshalls LT-Debt-to-Total-Asset Chart

Marshalls Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.24 0.12 0.23 0.22

Marshalls Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.23 0.23 0.22 0.19

Marshalls LT-Debt-to-Total-Asset Calculation

Marshalls'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 )
=244.1/1114.1
=0.22

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

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=214.9/1116.2
=0.19

* 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.


Marshalls  (LSE:MSLH) 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.


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

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Marshalls Business Description

Traded in Other Exchanges
Address
Landscape House, Premier Way, Lowfields Business Park, Elland, Halifax, West Yorkshire, GBR, HX5 9HT
Marshalls PLC manufactures landscape building, and roofing products, which it sells to customers in both public sector/commercial and domestic end markets. The focus in the public sector and commercial business is on products for architects, local authorities, and contractors, for use in projects such as creating street furniture, paving, and water management. Domestic market customers range from do-it-yourselfers to professional landscapers, driveway installers, and garden designers. It supplies products like Concrete tiles, Clay tiles, Walling, and Concrete bricks among others. The company has three reporting segments: Landscape Products which generates key revenue; Building Products; and Roofing Products. It operates manufacturing sites and quarries throughout the United Kingdom.

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