Time Out Group (LSE:TMO) LT-Debt-to-Total-Asset : 0.43 (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Time Out 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. Time Out Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.43.

Time Out Group's long-term debt to total assets ratio increased from Jun. 2023 (0.42) to Jun. 2024 (0.43). It may suggest that Time Out Group is progressively becoming more dependent on debt to grow their business.

Time Out Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Time Out 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.

* Premium members only.

Time Out Group LT-Debt-to-Total-Asset Chart

Time Out Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.38

0.31

0.19

0.42

0.43

Time Out Group 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															0.19	0.39	0.42	0.48	0.43

Time Out Group LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	50.581	/	117.618
	=	0.43

Time Out Group'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 )
	=	50.581	/	117.618
	=	0.43

Time Out Group (LSE:TMO) 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.

Time Out Group LT-Debt-to-Total-Asset Related Terms

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

Time Out Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Time Out Group PLC (LSE:TMO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

05T:Germany

Address

172 Drury Lane, First Floor, London, GBR, WC2B 5QR

Website

https://www.timeout.com

Time Out Group PLC is a media and entertainment company. It helps people discover, book, and share what the world's cities have to offer. The company provides content about food, drink, entertainment, film, music, attractions, art, culture, shopping, nightlife, hotels, and travel. It operates in two divisions namely Time Out Media and Time Out Market. Time Out Media includes digital and print advertising, marketing solutions, live events tickets, and sponsorship, commissions generated by e-commerce transactions, and fees from the franchise partners while Time Out Market includes concessionaires' sales, Time Out operated bars, and retail, events, and sponsorship. It Its geographical segments include Europe, North America, and the Rest of the World.