GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » XPS Pensions Group PLC (LSE:XPS) » Definitions » LT-Debt-to-Total-Asset

XPS Pensions Group (LSE:XPS) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is XPS Pensions 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. XPS Pensions Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.15.

XPS Pensions Group's long-term debt to total assets ratio declined from Sep. 2023 (0.29) to Sep. 2024 (0.15). It may suggest that XPS Pensions Group is progressively becoming less dependent on debt to grow their business.


XPS Pensions Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for XPS Pensions 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.

XPS Pensions Group LT-Debt-to-Total-Asset Chart

XPS Pensions Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.26 0.27 0.26 0.11

XPS Pensions Group Semi-Annual Data
Mar14 Mar15 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 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 0.29 0.26 0.29 0.11 0.15

XPS Pensions Group LT-Debt-to-Total-Asset Calculation

XPS Pensions Group'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 )
=30.681/281.865
=0.11

XPS Pensions Group'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 )
=44.569/289.948
=0.15

* 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.


XPS Pensions Group  (LSE:XPS) 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.


XPS Pensions Group LT-Debt-to-Total-Asset Related Terms

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


XPS Pensions Group Business Description

Traded in Other Exchanges
Address
1 Station Hill, Phoenix House, Reading, Berkshire, GBR, RG1 1NB
XPS Pensions Group PLC is a UK employee benefits consultancy and related business services. The services provided by the company include Pensions, Investment, National Pension Trust Administration, and Self-Invested Pensions. The company derives maximum revenue from Pensions Actuarial & Consulting followed by Pensions Administration, Pensions Investment, National Pension Trust (NPT), and SIP.

XPS Pensions Group Headlines

No Headlines