Sosandar (LSE:SOS) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Sosandar 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. Sosandar's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Sosandar's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.06). It may suggest that Sosandar is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Sosandar'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.

Sosandar LT-Debt-to-Total-Asset Chart

Sosandar Annual Data

Trend

Oct15

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

Sosandar Semi-Annual Data
	Oct15	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										0.03	0.02	0.02	0.02	0.06

Sosandar LT-Debt-to-Total-Asset Calculation

Sosandar's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0.428	/	23.906
	=	0.02

Sosandar'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 )
	=	1.688	/	27.338
	=	0.06

Sosandar (LSE:SOS) 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.

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

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

Sosandar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sosandar PLC (LSE:SOS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Water Lane, Wilmslow, Cheshire, GBR, SK9 5AP

Website

https://www.sosandar-ir.com

Sosandar PLC is involved in the online sale of women's wear products through its platform. It is engaged in the sale of womenswear fashion, footwear, and accessories through its website, and selected third-party partners. The product portfolio of the company includes clothing, footwear, gifts, accessories, and gift cards, among others. Geographically, the company derives its key revenue from the United Kingdom.