SysGroup (LSE:SYS) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is SysGroup 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. SysGroup's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

SysGroup's long-term debt to total assets ratio declined from Sep. 2023 (0.14) to Sep. 2024 (0.13). It may suggest that SysGroup is progressively becoming less dependent on debt to grow their business.

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

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

SysGroup Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.05

0.04

0.02

0.14

0.17

SysGroup 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															0.15	0.14	0.14	0.17	0.13

SysGroup LT-Debt-to-Total-Asset Calculation

SysGroup'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 )
	=	5.138	/	30.448
	=	0.17

SysGroup'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 )
	=	5.092	/	38.583
	=	0.13

SysGroup (LSE:SYS) 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.

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

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SysGroup Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SysGroup PLC (LSE:SYS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SYS.GB:UK

Address

55 Spring Gardens, Manchester, GBR, M2 2BY

Website

https://www.sysgroup.com

SysGroup PLC provides Cloud Hosting, Managed Services, and IT consultancy to medium and large enterprises. The company's operating segment includes Managed IT Services and Value Added Resale (VAR). It generates maximum revenue from the Managed IT Services segment. Managed IT Services segment provides managed services to customers as well as professional services. The value-added resale (VAR) segment provides all forms of VAR sales where the business sells products and licenses from supplier partners. Geographically, it derives the majority of its revenue from the UK and has a presence in the Rest of the World. The company's brand includes Netplan; System Professional and Rockford.

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