GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Prestige Cars International Inc (OTCPK:PREC) » Definitions » LT-Debt-to-Total-Asset

PREC (Prestige Cars International) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2023)


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

What is Prestige Cars International 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. Prestige Cars International's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

Prestige Cars International's long-term debt to total assets ratio stayed the same from . 20 (0.00) to Sep. 2023 (0.00).


Prestige Cars International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Prestige Cars International'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.

Prestige Cars International LT-Debt-to-Total-Asset Chart

Prestige Cars International Annual Data
Trend
LT-Debt-to-Total-Asset

Prestige Cars International Semi-Annual Data
Sep22 Sep23
LT-Debt-to-Total-Asset - -

Prestige Cars International LT-Debt-to-Total-Asset Calculation

Prestige Cars International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )=Long-Term Debt & Capital Lease Obligation (A: . 20 )/Total Assets (A: . 20 )
=/
=

Prestige Cars International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0/1.482
=

* 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.


Prestige Cars International  (OTCPK:PREC) 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.


Prestige Cars International LT-Debt-to-Total-Asset Related Terms

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


Prestige Cars International Business Description

Traded in Other Exchanges
N/A
Address
756 North West 27th Avenue, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.

Prestige Cars International Headlines

From GuruFocus