Tern (LSE:TERN) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is Tern 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. Tern's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Tern's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.00). It may suggest that Tern is progressively becoming less dependent on debt to grow their business.

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

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

Tern Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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Tern Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	-	-

Tern LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0	/	13.15
	=	0.00

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0	/	11.294
	=	0.00

Tern (LSE:TERN) 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.

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

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Tern Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tern PLC (LSE:TERN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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Address

27/28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.ternplc.com

Tern PLC is an Alternative Investment Market, quoted investment company. The company mainly focuses on investing in the Internet of Things sector. The company's investment portfolio consists of Push Technology Limited, Talking Medicines, Wyld Networks, Konektio (previously InVMA), FundamentalVR, and Device Authority which are in the business of development of data security software, database analytics, and search software.