Petershill Partners (Petershill Partners) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

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What is Petershill Partners 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. Petershill Partners's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Petershill Partners's long-term debt to total assets ratio increased from Dec. 2022 (0.09) to Dec. 2023 (0.09). It may suggest that Petershill Partners is progressively becoming more dependent on debt to grow their business.

Petershill Partners LT-Debt-to-Total-Asset Historical Data

The historical data trend for Petershill Partners'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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Petershill Partners LT-Debt-to-Total-Asset Chart

Petershill Partners Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.05

0.09

Petershill Partners Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	0.06	0.09	0.09	0.09

Petershill Partners LT-Debt-to-Total-Asset Calculation

Petershill Partners'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 )
	=	493.8	/	5687.3
	=	0.09

Petershill Partners'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 )
	=	493.8	/	5687.3
	=	0.09

Petershill Partners (OTCPK:PHLL) 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.

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Petershill Partners (Petershill Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Petershill Partners PLC (OTCPK:PHLL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PHLLl:UK PHLL:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.petershillpartners.com

Petershill Partners PLC is a diversified alternative investment group focused on private equity and other private capital strategies. The company aims to deliver diversified, risk-adjusted returns from private markets to public market investors. The Company invests in Partner-firms whose funds generate earnings, in the form of fees. It participates in the fee income from more than 200 underlying funds that are diversified across multiple factors such as asset class, and investment lifecycle.