T&G Global (NZSE:TGG) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2024)

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What is T&G Global 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. T&G Global's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.17.

T&G Global's long-term debt to total assets ratio declined from Dec. 2023 (0.29) to Dec. 2024 (0.17). It may suggest that T&G Global is progressively becoming less dependent on debt to grow their business.

T&G Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for T&G Global'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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T&G Global LT-Debt-to-Total-Asset Chart

T&G Global Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.18

0.12

0.18

0.29

0.17

T&G Global Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.22	0.29	0.28	0.17

T&G Global LT-Debt-to-Total-Asset Calculation

T&G Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	192.796	/	1129.539
	=	0.17

T&G Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	192.796	/	1129.539
	=	0.17

T&G Global (NZSE:TGG) 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.

T&G Global LT-Debt-to-Total-Asset Related Terms

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T&G Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » T&G Global Ltd (NZSE:TGG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

660 Great South Road, Central Park Building 1, Level 1, Ellerslie, Auckland, NTL, NZL, 1061

Website

https://www.tandg.global

T&G Global Ltd is a company engaged in growing, marketing, and exporting fresh fruits and vegetables. The company has four operating segments: Apples; Growing, packing, cool storing, sales, and marketing of apples; T&G Fresh, which includes growing, trading, and transport activities within New Zealand and Australia, and exports to the Pacific Islands, Australia, and Asia. This incorporates the New Zealand wholesale markets and the tomato, citrus, berry, and stone fruit growing operations. This includes international trading activities in Australia. VentureFruit segment acquires, develops, builds, and protects new varieties of fruit, and it includes Revenue from the sale of right-to-grow licenses, and Other Includes property and corporate costs.

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