PJT Partners (LTS:0KEC) LT-Debt-to-Total-Asset : 0.25 (As of Mar. 2024)

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What is PJT Partners 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. PJT Partners's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.25.

PJT Partners's long-term debt to total assets ratio increased from Mar. 2023 (0.14) to Mar. 2024 (0.25). It may suggest that PJT Partners is progressively becoming more dependent on debt to grow their business.

PJT Partners LT-Debt-to-Total-Asset Historical Data

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

PJT Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.15

0.16

0.13

0.23

PJT Partners Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.12	0.10	0.23	0.25

PJT Partners LT-Debt-to-Total-Asset Calculation

PJT Partners'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 )
	=	330.6	/	1434.978
	=	0.23

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	327.45	/	1301.83
	=	0.25

PJT Partners (LTS:0KEC) 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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PJT Partners (LTS:0KEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PJT Partners Inc (LTS:0KEC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PJT:USA 1PJ:Germany

Address

280 Park Avenue, New York, NY, USA, 10017

Website

https://www.pjtpartners.com

PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement fees, and others. Geographically, It generates a majority of its revenue from the United States.

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