Zentra Group (LSE:ZNT) LT-Debt-to-Total-Asset : 0.75 (As of Jun. 2024)

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What is Zentra 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. Zentra Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.75.

Zentra Group's long-term debt to total assets ratio increased from Jun. 2023 (0.60) to Jun. 2024 (0.75). It may suggest that Zentra Group is progressively becoming more dependent on debt to grow their business.

Zentra Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zentra 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.

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Zentra Group LT-Debt-to-Total-Asset Chart

Zentra Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.23

0.26

0.36

0.60

0.75

Zentra Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.36	0.41	0.60	0.23	0.75

Zentra Group LT-Debt-to-Total-Asset Calculation

Zentra 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 )
	=	11.098	/	14.853
	=	0.75

Zentra 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 )
	=	11.098	/	14.853
	=	0.75

Zentra Group (LSE:ZNT) 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.

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Zentra Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zentra Group PLC (LSE:ZNT) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

ZNT:UK

Address

80 Mosley Street, Manchester, GBR, M2 3FX

Website

https://www.zentragroup.co.uk

Zentra Group PLC is a property development and management company, focusing on the residential sector in the North of England, seeking out value and maximizing opportunities for investors. Its portfolio includes properties like One Meadow, Liberty House, Lincoln House, One Heritage Tower, and others. The company's operating segments are Developments, Construction, Property Services, and Corporate. The majority of its revenue is generated from the Developments segment which includes the development activities including the sales of completed developments and Co-Living property management fee. The Construction segment includes construction services provided to an internally owned and managed development, and the Property Services segment engages in property letting and management services.

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