Patria Private Equity Trust (LSE:PPET) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

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What is Patria Private Equity Trust 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. Patria Private Equity Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

Patria Private Equity Trust's long-term debt to total assets ratio increased from Sep. 2023 (0.08) to Sep. 2024 (0.11). It may suggest that Patria Private Equity Trust is progressively becoming more dependent on debt to grow their business.

Patria Private Equity Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Patria Private Equity Trust'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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Patria Private Equity Trust LT-Debt-to-Total-Asset Chart

Patria Private Equity Trust Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.05

0.08

0.11

Patria Private Equity Trust Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.07	0.08	0.10	0.11

Patria Private Equity Trust LT-Debt-to-Total-Asset Calculation

Patria Private Equity Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	139.803	/	1335.611
	=	0.10

Patria Private Equity Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	139.803	/	1335.611
	=	0.10

Patria Private Equity Trust (LSE:PPET) 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.

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Patria Private Equity Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Patria Private Equity Trust PLC (LSE:PPET) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

16 Charlotte Square, Edinburgh, GBR, EH2 4DF

Website

https://www.patriaprivateequitytrust.com

Patria Private Equity Trust PLC is a UK-based investment trust company. The company's provides investors with exposure to private equity funds and private companies, mainly in Europe. Its investment objective is long-term total returns through holding a diversified portfolio of private equity funds and direct investments into private companies alongside private equity managers, a majority of which will have a European mid-market focus.

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