Stelrad Group (LSE:SRAD) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2024)

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What is Stelrad Group 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. Stelrad Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.38.

Stelrad Group's long-term debt to total assets ratio increased from Dec. 2023 (0.38) to Dec. 2024 (0.38). It may suggest that Stelrad Group is progressively becoming more dependent on debt to grow their business.

Stelrad Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Stelrad Group'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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Stelrad Group LT-Debt-to-Total-Asset Chart

Stelrad Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.55

0.35

0.38

Stelrad Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.38	0.40	0.38	0.37	0.38

Stelrad Group LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	83.329	/	220.88
	=	0.38

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	83.329	/	220.88
	=	0.38

Stelrad Group (LSE:SRAD) 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.

Stelrad Group LT-Debt-to-Total-Asset Related Terms

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Stelrad Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Stelrad Group PLC (LSE:SRAD) » Definitions » LT-Debt-to-Total-Asset

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6OJ:Germany

Address

69-75 Side, Newcastle Upon Tyne, Tyne And Wear, GBR, NE1 3JE

Website

https://www.stelradplc.com

Stelrad Group PLC sells standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators, and other steel column radiators. It has manufacturing and distribution facilities in the United Kingdom, The Netherlands, and Turkey, additional distribution facilities in Poland and Denmark, and sales personnel in seven other countries, including China. Geographically, the company has three segments; UK & Ireland, Europe, and Turkey & International. The Group operates five established brands (Stelrad, Henrad, Termo Teknik, Hudevad, and Dl Radiators) that enable its products to be tailored to specific channels, maximizing market access and minimizing potential conflict.