Delegat Group (NZSE:DGL) LT-Debt-to-Total-Asset : 0.41 (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Delegat 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. Delegat Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.41.

Delegat Group's long-term debt to total assets ratio increased from Jun. 2023 (0.39) to Jun. 2024 (0.41). It may suggest that Delegat Group is progressively becoming more dependent on debt to grow their business.

Delegat Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Delegat 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.

* Premium members only.

Delegat Group LT-Debt-to-Total-Asset Chart

Delegat Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.41

0.40

0.35

0.39

0.41

Delegat Group 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															0.35	0.40	0.39	0.41	0.41

Delegat Group LT-Debt-to-Total-Asset Calculation

Delegat Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	454.428	/	1115.915
	=	0.41

Delegat Group'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 )
	=	454.428	/	1115.915
	=	0.41

Delegat Group (NZSE:DGL) 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.

Delegat Group LT-Debt-to-Total-Asset Related Terms

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

Delegat Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Delegat Group Ltd (NZSE:DGL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Customs Street West, Level 31, Auckland, NTL, NZL, 1010

Website

https://www.delegat.com

Delegat Group Ltd is a wine production and distribution company. It markets its products under the Oyster Bay and Barossa Valley Estate brands. The group's primary source of revenue is derived by providing wine to third-party retailers and distributors. Its segments are Delegat Limited, Delegat Australia Pty Ltd, Delegat Europe Limited, Delegat USA, Inc and Others. The group generates the majority of the revenue from Delegat Limited. Geographically, it operates in Australia, United States of America, New Zealand and Others.