WTBCF (Whitbread) LT-Debt-to-Total-Asset : 0.53 (As of Aug. 2024)

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What is Whitbread 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. Whitbread's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.53.

Whitbread's long-term debt to total assets ratio increased from Aug. 2023 (0.49) to Aug. 2024 (0.53). It may suggest that Whitbread is progressively becoming more dependent on debt to grow their business.

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

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

Whitbread Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.42

0.47

0.48

0.52

Whitbread Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.48	0.49	0.52	0.53

Whitbread LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	6234.47	/	12021.843
	=	0.52

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

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	6488.212	/	12339.896
	=	0.53

Whitbread (OTCPK:WTBCF) 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.

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

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Whitbread Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Whitbread PLC (OTCPK:WTBCF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

WTBDY:USA WTBl:UK WTB:UK WHF4:Germany

Address

Porz Avenue, Whitbread Court, Houghton Hall Business Park, Dunstable, Bedfordshire, GBR, LU5 5XE

Website

https://www.whitbread.co.uk

Whitbread PLC owns hotels and restaurants that operate in the United Kingdom. It operates more than 800 hotels under the Premier Inn brand and provides services in relation to accommodation and food both in the UK and internationally. Restaurant brands include Beefeater, Brewers Fayre, Cookhouse & Pub, Bar Block and Others. Geographically the company derives majority of revenue from UK division.