Tristel (Tristel) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Tristel 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. Tristel's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.13.

Tristel's long-term debt to total assets ratio declined from Dec. 2022 (0.13) to Dec. 2023 (0.13). It may suggest that Tristel is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Tristel'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.

Tristel LT-Debt-to-Total-Asset Chart

Tristel Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.12

0.10

Tristel Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.12	0.13	0.10	0.13

Tristel LT-Debt-to-Total-Asset Calculation

Tristel's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	5.456	/	52.231
	=	0.10

Tristel'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 )
	=	6.505	/	51.638
	=	0.13

Tristel (OTCPK:TSNLF) 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.

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

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

Tristel (Tristel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tristel PLC (OTCPK:TSNLF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TSTL:UK

Address

Fordham Road, Unit 1B, Lynx Business Park, Newmarket, Snailwell, Cambridgeshire, GBR, CB8 7NY

Website

https://tristelgroup.com

Tristel PLC is a player in the healthcare platform. The company is a manufacturer of chlorine dioxide chemistry used for the decontamination of medical devices. Its operating segments include three sectors, Hospital medical device decontamination products which are used predominantly for infection control in hospitals; manufacture and sale of hospital environmental surface disinfection products; and pharmaceutical and personal care product manufacturing industries, veterinary and animal welfare. The company generates majority of revenue from Hospital medical device decontamination.

Tristel (Tristel) Headlines

From GuruFocus

Half Year 2024 Tristel PLC Investor Meet Company Online Presentation Transcript

By GuruFocus Research • 02-28-2024