Rightmove (MEX:RMV) LT-Debt-to-Total-Asset : 0.04 (As of Jun. 2024)

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What is Rightmove 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. Rightmove's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.04.

Rightmove's long-term debt to total assets ratio declined from Jun. 2023 (0.06) to Jun. 2024 (0.04). It may suggest that Rightmove is progressively becoming less dependent on debt to grow their business.

Rightmove LT-Debt-to-Total-Asset Historical Data

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

Rightmove Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.06

0.08

0.07

0.05

Rightmove 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															0.08	0.07	0.06	0.05	0.04

Rightmove LT-Debt-to-Total-Asset Calculation

Rightmove'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 )
	=	109.838	/	2253.342
	=	0.05

Rightmove'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 )
	=	100.411	/	2421.54
	=	0.04

Rightmove (MEX:RMV) 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.

Rightmove LT-Debt-to-Total-Asset Related Terms

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Rightmove Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Rightmove PLC (MEX:RMV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RTMVY:USA RTMVF:USA RMVl:UK RMV:UK 3JDA:Germany

Address

Caldecotte Lake Drive, 2 Caldecotte Lake Business Park, Caldecotte, Milton Keynes, GBR, MK7 8LE

Website

https://plc.rightmove.co.uk

Rightmove PLC provides online property search platforms. The company's customers include agents, buyers, renters, and new home developers. Rightmove provides users with tools such as the house price index, which tracks house prices and analyzes price trends in the U.K. house market, and a mortgage calculator, which estimates mortgages and monthly repayments. The company's segments include agencies, new homes, and others. Its agency segment provides resale and lettings property advertising services. The new homes segment provides property advertising services to new home developers. Its other segment includes overseas, commercial property, and nonproperty advertising services. The company generates maximum revenue from the agency segment.

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