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PNST (Pinstripes Holdings) LT-Debt-to-Total-Asset : 1.13 (As of Jan. 2025)


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What is Pinstripes 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. Pinstripes Holdings's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 1.13.

Pinstripes Holdings's long-term debt to total assets ratio increased from Jan. 2024 (0.90) to Jan. 2025 (1.13). It may suggest that Pinstripes Holdings is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Pinstripes 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.

* Premium members only.

Pinstripes Holdings LT-Debt-to-Total-Asset Chart

Pinstripes Holdings Annual Data
Trend Apr21 Apr22 Apr23 Apr24
LT-Debt-to-Total-Asset
- 0.87 0.98 0.99

Pinstripes Holdings Quarterly Data
Apr21 Apr22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.90 0.99 1.03 - 1.13

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

Pinstripes Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (A: Apr. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )/Total Assets (A: Apr. 2024 )
=164.933/167.321
=0.99

Pinstripes Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )/Total Assets (Q: Jan. 2025 )
=183.543/162.863
=1.13

* 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.


Pinstripes Holdings  (OTCPK:PNST) 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.


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

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Pinstripes Holdings Business Description

Traded in Other Exchanges
N/A
Address
1150 Willow Road, Northbrook, IL, USA, 60062
Pinstripes Holdings Inc is an experiential dining and entertainment concept combining exceptional Italian-American cuisine with bowling, bocce, and private events. It owns and operates around 17 restaurants in the USA. The company designs and constructs large-format locations that are each 26,000 to 38,000 square feet of interior space, plus additional outdoor patio space that includes outdoor dining, bocce courts, fire-pits, and decorative fountains.