Bega Cheese (STU:B6G) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)

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What is Bega Cheese 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. Bega Cheese's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

Bega Cheese's long-term debt to total assets ratio declined from Dec. 2023 (0.22) to Dec. 2024 (0.21). It may suggest that Bega Cheese is progressively becoming less dependent on debt to grow their business.

Bega Cheese LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bega Cheese'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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Bega Cheese LT-Debt-to-Total-Asset Chart

Bega Cheese Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.18

0.19

0.17

0.21

0.19

Bega Cheese Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.21	0.22	0.19	0.21

Bega Cheese LT-Debt-to-Total-Asset Calculation

Bega Cheese'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 )
	=	243.662	/	1319.353
	=	0.18

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	267.025	/	1281.478
	=	0.21

Bega Cheese (STU:B6G) 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.

Bega Cheese LT-Debt-to-Total-Asset Related Terms

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Bega Cheese Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bega Cheese Ltd (STU:B6G) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

B6G:Germany BGA:Australia

Address

23 Ridge Street, Bega, NSW, AUS, 2550

Website

https://www.begacheese.com.au

Bega Group is an Australia-based dairy processor and food manufacturer of well-known brands including Bega Cheese and Vegemite. Bega operates two segments: The branded segment produces consumer packaged goods primarily sold through the supermarket and foodservice channels, while the bulk segment produces commodity dairy ingredients primarily sold through the business-to-business channel.

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