Williamson Tea Kenya (NAI:WTK) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Williamson Tea Kenya 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. Williamson Tea Kenya's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Williamson Tea Kenya's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that Williamson Tea Kenya is progressively becoming less dependent on debt to grow their business.

Williamson Tea Kenya LT-Debt-to-Total-Asset Historical Data

The historical data trend for Williamson Tea Kenya'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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Williamson Tea Kenya LT-Debt-to-Total-Asset Chart

Williamson Tea Kenya Annual Data

Trend

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Mar24

LT-Debt-to-Total-Asset

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0.02

Williamson Tea Kenya Semi-Annual Data
	Mar11	Mar12	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.02	0.02	0.02	0.02	0.01

Williamson Tea Kenya LT-Debt-to-Total-Asset Calculation

Williamson Tea Kenya'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 )
	=	142.799	/	9031.506
	=	0.02

Williamson Tea Kenya'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 )
	=	113.17	/	8465.577
	=	0.01

Williamson Tea Kenya (NAI:WTK) 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.

Williamson Tea Kenya LT-Debt-to-Total-Asset Related Terms

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Williamson Tea Kenya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Williamson Tea Kenya PLC (NAI:WTK) » Definitions » LT-Debt-to-Total-Asset

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Address

Karen Office Park, Langata Road, P.O. Box 42281, 2nd Floor, The Acacia Block, Nairobi, KEN, 00100

Website

https://www.williamsontea.com

Williamson Tea Kenya PLC is engaged in the farm products business sector. The business of the company operates in segments that include Cultivation, Manufacturing, and Sale of Tea, Investment in Property, and Sale and Servicing of Generators. Its Tea segment generates maximum revenue for the company. The product line consists of matcha tea, mini tea candles, elephant tea candles, loose tea, and tea bags. Its products are also exported and these exports generate maximum revenue for the company.

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