Cooks Coffee Co (NZSE:CCC) LT-Debt-to-Total-Asset : 0.60 (As of Mar. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Cooks Coffee Co 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. Cooks Coffee Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.60.

Cooks Coffee Co's long-term debt to total assets ratio increased from Sep. 2021 (0.54) to Mar. 2023 (0.60). It may suggest that Cooks Coffee Co is progressively becoming more dependent on debt to grow their business.

Cooks Coffee Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cooks Coffee Co'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.

* Premium members only.

Cooks Coffee Co LT-Debt-to-Total-Asset Chart

Cooks Coffee Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.80

0.52

0.60

Cooks Coffee Co Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.54	0.52	0.60	-

Cooks Coffee Co LT-Debt-to-Total-Asset Calculation

Cooks Coffee Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	20.315	/	33.875
	=	0.60

Cooks Coffee Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	20.315	/	33.875
	=

Cooks Coffee Co (NZSE:CCC) 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.

Cooks Coffee Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Cooks Coffee Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Cooks Coffee Co (NZSE:CCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cooks Coffee Co Ltd (NZSE:CCC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

COOK:UK

Address

96 Saint Georges Bay Road, VCFO, Level 1, Parnell, Auckland, NZL, 1052

Website

https://www.cookscoffeecompany.com

Cooks Coffee Co Ltd is engaged in the food and beverage industry, focusing on operating a network of cafes internationally via franchised operations. The company's geographical segments are Global franchising and retail, United Kingdom and Ireland franchising, and New Zealand which derives the Royalties and Product Sales to Franchisees in these geographical locations, and it generates a majority of its revenue from the United Kingdom and Ireland Franchising segment.

Cooks Coffee Co (NZSE:CCC) Headlines

No Headlines