Truworths International (NAM:TRW) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

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What is Truworths International 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. Truworths International's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

Truworths International's long-term debt to total assets ratio increased from Dec. 2022 (0.17) to Dec. 2023 (0.19). It may suggest that Truworths International is progressively becoming more dependent on debt to grow their business.

Truworths International LT-Debt-to-Total-Asset Historical Data

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

Truworths International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.25

0.18

0.17

0.18

0.19

Truworths International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.18	0.17	0.19	0.19

Truworths International LT-Debt-to-Total-Asset Calculation

Truworths International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	2996	/	16133
	=	0.19

Truworths International'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 )
	=	3286	/	17623
	=	0.19

Truworths International (NAM:TRW) 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.

Truworths International LT-Debt-to-Total-Asset Related Terms

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Truworths International (NAM:TRW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Truworths International Ltd (NAM:TRW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TRU:South Africa IUE:Germany

Address

Number 1 Mostert Street, CBD, Cape Town, WC, ZAF, 8001

Website

https://www.truworthsinternational.com

Truworths International Ltd is a clothing and footwear retailer with nearly a thousand stores in Africa and Europe. Its African brands include Truworths, Daniel Hechter, Inwear, Identity, and LTD. Its European brands include Office and Offspring footwear retailers. The company's stores generally sell only proprietary brands, but Office primarily sells global third-party footwear brands. Most of the company's retail locations and sales are in South Africa. Collectively, South Africa and the United Kingdom account for roughly 90% of the company's business. E-commerce sales make up a small portion of total revenue.

Truworths International (NAM:TRW) Headlines

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