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SLQT (SelectQuote) LT-Debt-to-Total-Asset : 0.58 (As of Sep. 2024)


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What is SelectQuote 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. SelectQuote's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.58.

SelectQuote's long-term debt to total assets ratio declined from Sep. 2023 (0.59) to Sep. 2024 (0.58). It may suggest that SelectQuote is progressively becoming less dependent on debt to grow their business.


SelectQuote LT-Debt-to-Total-Asset Historical Data

The historical data trend for SelectQuote'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.

SelectQuote LT-Debt-to-Total-Asset Chart

SelectQuote Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.29 0.35 0.57 0.57 0.56

SelectQuote Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.55 0.54 0.56 0.58

SelectQuote LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=663.231/1193.908
=0.56

SelectQuote's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=661.715/1146.871
=0.58

* 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.


SelectQuote  (NYSE:SLQT) 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.


SelectQuote LT-Debt-to-Total-Asset Related Terms

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


SelectQuote Business Description

Traded in Other Exchanges
Address
6800 West 115th Street, Suite 2511, Overland Park, KS, USA, 66211
SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQuote Auto & Home.
Executives
Joshua Brandon Matthews officer: President, SelectQuote Senior 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Grant W Thomas Ii director PO BOX 419248, KANSAS CITY MO 64141-6248
Grant William Thomas Iii officer: CHIEF OPERATING OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Robert Clay Grant officer: PRESIDENT, SELECTQUOTE SENIOR 6800 W 115TH STREET, SUITE 2511, PARK KS 66211
Sarah Taylor Anderson officer: (See Remarks) 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Timothy Robert Danker director, officer: CHIEF EXECUTIVE OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Hawks Donald L Iii director 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Raymond F Weldon director 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Matthew Scott Gunter officer: See Remarks 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Stephanie D. Fisher officer: Chief Accounting Officer 10990 ROE AVENUE, OVERLAND PARK KS 66211
Ryan Moore Clement officer: See Remarks 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Kristin Gibbar officer: Chief Human Resources Officer 6800 W. 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Devanny Earl H Iii director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117-1593
Denise L Devine director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Raffaele Sadun officer: CHIEF FINANCIAL OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211

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