Renew Holdings (LSE:RNWH) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Renew 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. Renew Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Renew Holdings's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.03). It may suggest that Renew Holdings is progressively becoming more dependent on debt to grow their business.

Renew Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Renew 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.

* Premium members only.

Renew Holdings LT-Debt-to-Total-Asset Chart

Renew Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.03

0.02

0.03

Renew Holdings 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															0.02	0.02	0.02	0.03	0.03

Renew Holdings LT-Debt-to-Total-Asset Calculation

Renew Holdings'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 )
	=	15.605	/	547.713
	=	0.03

Renew Holdings'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 )
	=	15.605	/	547.713
	=	0.03

Renew Holdings (LSE:RNWH) 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.

Renew Holdings LT-Debt-to-Total-Asset Related Terms

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

Renew Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Renew Holdings PLC (LSE:RNWH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3125 Century Way, Thorpe Park, Leeds, West Yorkshire, GBR, LS15 8ZB

Website

https://www.renewholdings.com

Renew Holdings PLC provides multidisciplinary engineering services to the energy, environmental, infrastructure, and specialist building sectors in the United Kingdom. Its activity is operated through the following business segments: which include Engineering Services, Specialist Building, and Central Activities. Engineering Services comprises the Group's engineering activities. Specialist Building comprises the Group's building activities. The Central activities include the sale of land, the leasing, and sub-leasing of properties. The company derives the maximum revenue from the Engineering service segment.

Renew Holdings Headlines

No Headlines