The Standard Group (NAI:SGL) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

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What is The Standard 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. The Standard Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

The Standard Group's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.07). It may suggest that The Standard Group is progressively becoming more dependent on debt to grow their business.

The Standard Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Standard 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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The Standard Group LT-Debt-to-Total-Asset Chart

The Standard Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.09

0.01

0.07

The Standard Group Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	-	-	0.07

The Standard Group LT-Debt-to-Total-Asset Calculation

The Standard Group'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 )
	=	298.496	/	4097.156
	=	0.07

The Standard Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	298.496	/	4097.156
	=	0.07

The Standard Group (NAI:SGL) 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.

The Standard Group LT-Debt-to-Total-Asset Related Terms

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The Standard Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Standard Group PLC (NAI:SGL) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Mombasa Road, P.O. Box 30080, The Standard Group Centre, Nairobi, KEN, 00100

Website

https://www.standardmedia.co.ke

The Standard Group PLC is a multimedia media company in Kenya. The company gathers and shares information through print, Television, Radio, and Digital Media. The company provides a wide range of media products: print titles like The Standard, The Nairobian, and The Standard Courier; radio stations including Radio Maisha, Spice FM, Vybez Radio, and Berur FM; TV channels such as KTN Home, KTN News, BTV, and KTN Farmers TV; and digital services like the E-paper, Reader Revenue, Standardmedia. co.ke, Digger Classifieds, and Value Added Services. The segments of the company are Print and Broadcast.

The Standard Group Headlines

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