APF Holdings (ORSE:EGG) LT-Debt-to-Total-Asset : 0.43 (As of Jun. 2024)

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What is APF Holdings 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. APF Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.43.

APF Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.42) to Jun. 2024 (0.43). It may suggest that APF Holdings is progressively becoming more dependent on debt to grow their business.

APF Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for APF Holdings'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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APF Holdings LT-Debt-to-Total-Asset Chart

APF Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.56

0.69

0.85

0.42

0.27

APF Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.42	0.42	0.27	0.43

APF Holdings LT-Debt-to-Total-Asset Calculation

APF Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	4.74	/	17.387
	=	0.27

APF Holdings'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 )
	=	7.57	/	17.492
	=	0.43

APF Holdings (ORSE:EGG) 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.

APF Holdings LT-Debt-to-Total-Asset Related Terms

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APF Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » APF Holdings (ORSE:EGG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maldugunu, Street 4, Marupe county, Marupe, LVA, LV-2167

Website

https://www.apf.lv

APF Holdings is engaged in the operation of holding companies. The Company along with its subsidiaries is engaged in the fields of poultry, production of biogas and mineral fertilizers. The company's poultry business is involved in egg production, egg sales and egg product sales. The egg sales include free-range eggs (category 1), which are acquired from cooperation partners of the Group, barn eggs, and cage eggs which are produced and sold by the Group.

APF Holdings Headlines

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