Rockpool Acquisitions (LSE:ROC) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2023)

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What is Rockpool Acquisitions 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. Rockpool Acquisitions's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.03.

Rockpool Acquisitions's long-term debt to total assets ratio increased from Sep. 2022 (0.02) to Sep. 2023 (0.03). It may suggest that Rockpool Acquisitions is progressively becoming more dependent on debt to grow their business.

Rockpool Acquisitions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rockpool Acquisitions'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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Rockpool Acquisitions LT-Debt-to-Total-Asset Chart

Rockpool Acquisitions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.07

0.02

Rockpool Acquisitions Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.07	0.02	0.02	0.02	0.03

Rockpool Acquisitions LT-Debt-to-Total-Asset Calculation

Rockpool Acquisitions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0.014	/	0.724
	=

Rockpool Acquisitions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.012	/	0.353
	=

Rockpool Acquisitions (LSE:ROC) 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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Rockpool Acquisitions (LSE:ROC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Rockpool Acquisitions PLC (LSE:ROC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Cordovan Capital Management Ltd, 5-7 Upper Queen Street, Suite 102, Urban HQ, Belfast, GBR, BT1 6FB

Website

https://www.rockpoolacquisitions.plc.uk

Rockpool Acquisitions PLC is a special purpose acquisition company based in Northern Ireland. The company is seeking to identify and acquire a Northern Ireland-based company that is focused on growth and provides it with that access, helping that company meet its aspirations and full potential.