Triple Pointome VCT (LSE:TPVA) LT-Debt-to-Total-Asset: 0.00 (As of Sep. 2022)


What is Triple Pointome VCT LT-Debt-to-Total-Asset?

Triple Pointome VCT LSE:TPVA 28 LT-Debt-to-Total-Asset is 0.00 as of Sep. 2022. GuruFocus rates LSE:TPVA with a GF Score™ of 28/100. The stock has 6 warning signs investors should review.

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. Triple Pointome VCT's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.00.

Triple Pointome VCT's long-term debt to total assets ratio declined from Sep. 2021 (0.05) to Sep. 2022 (0.00). It may suggest that Triple Pointome VCT is progressively becoming less dependent on debt to grow their business.

Triple Pointome VCT  (LSE:TPVA) 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.

Triple Pointome VCT LT-Debt-to-Total-Asset Related Terms

Triple Pointome VCT LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Triple Pointome VCT'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.

Triple Pointome VCT LT-Debt-to-Total-Asset Chart

Triple Pointome VCT Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.04 0.05 0.00

Triple Pointome VCT Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.00 0.00

Triple Pointome VCT LT-Debt-to-Total-Asset Calculation

Triple Pointome VCT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (A: Mar. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2022 )/Total Assets (A: Mar. 2022 )
=0/24.69
=0.00

Triple Pointome VCT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )/Total Assets (Q: Sep. 2022 )
=0/25.989
=0.00

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Triple Pointome VCT (LSE:TPVA) has a LT-Debt-to-Total-Asset of 0.00 as of Sep. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Triple Pointome VCT and its competitors.
Is Triple Pointome VCT's LT-Debt-to-Total-Asset too high?
Triple Pointome VCT's current LT-Debt-to-Total-Asset is 0.00. Overall, Triple Pointome VCT has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Triple Pointome VCT's LT-Debt-to-Total-Asset compare to MTR?
Triple Pointome VCT's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Triple Pointome VCT and its competitors. Triple Pointome VCT's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple Pointome VCT stock overvalued right now?
Triple Pointome VCT (LSE:TPVA) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Triple Pointome VCT's overall GF Score™ is 28/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Triple Pointome VCT (LSE:TPVA), the current LT-Debt-to-Total-Asset is 0.00 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Triple Pointome VCT Business Description

Address 1 King William Street, London, GBR, EC4N 7AF
Triple Point Income VCT PLC is a part of the financial services domain in the United Kingdom. It is a venture capital trust formed with the objective of capital preservation and payment of regular tax-free dividends to investors. The company's mission comprises three priorities, which are capital security, liquidity, and predictable returns. It has chosen to focus its investing activities towards companies involved in renewable energy, energy production, innovative vertical growing, and SME funding.