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Colabor Group (TSX:GCL) LT-Debt-to-Total-Asset : 0.47 (As of Dec. 2024)


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What is Colabor Group 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. Colabor Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.47.

Colabor Group's long-term debt to total assets ratio declined from Dec. 2023 (0.49) to Dec. 2024 (0.47). It may suggest that Colabor Group is progressively becoming less dependent on debt to grow their business.


Colabor Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Colabor Group'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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Colabor Group LT-Debt-to-Total-Asset Chart

Colabor Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.33 0.31 0.49 0.47

Colabor Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.49 0.48 0.46 0.47 0.47

Colabor Group LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=155.468/330.441
=0.47

Colabor Group'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 )
=155.468/330.441
=0.47

* 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.


Colabor Group  (TSX:GCL) 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.


Colabor Group LT-Debt-to-Total-Asset Related Terms

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Colabor Group Business Description

Traded in Other Exchanges
Address
1601 Rene-Descartes, Suite 103, Saint-Bruno-de-Montarville, QC, CAN, J3V 0A6
Colabor Group Inc is a wholesaler and distributor of food and related products in Canada. The company operates in two segments Distribution and the Wholesale segment. Its Distribution segment operations include the distribution of food products and related products in hotels, restaurants, and institutions (HRI) and the retail market. Its products such as meat, fish, and seafood (Specialty Distribution), as well as general food-related products (Broadline Distribution), and the Wholesale segment's operations, include the sale of general food-related products to distributors from its distribution center in Boucherville. The company generates maximum revenue from the Distribution segment.
Executives
Danièle Bergeron Director
Jean Gattuso Director
Warren Joseph White Director
Pierre Blanchette Senior Officer
Robert John Briscoe 10% Security Holder
François R. Roy Director
Louis Frenette Senior Officer
Robert Bruce Johnston Director
Joseph Michael Horgan Director
Denis Mathieu Director
Pierre Gagné Senior Officer