TFF Group (XPAR:TFF) LT-Debt-to-Total-Asset : 0.06 (As of Apr. 2023)

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What is TFF 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. TFF Group's long-term debt to total assests ratio for the quarter that ended in Apr. 2023 was 0.06.

TFF Group's long-term debt to total assets ratio declined from Apr. 2022 (0.11) to Apr. 2023 (0.06). It may suggest that TFF Group is progressively becoming less dependent on debt to grow their business.

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

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

TFF Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.10

0.08

0.12

0.11

0.06

TFF Group Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.12	0.11	0.07	0.06

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

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

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	46.033	/	843.547
	=	0.05

TFF Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (Q: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2023 )	/	Total Assets (Q: Apr. 2023 )
	=	46.033	/	843.547
	=	0.05

TFF Group (XPAR:TFF) 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.

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

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TFF Group (XPAR:TFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TFF Group (XPAR:TFF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

5L1:Germany

Address

Saint-Romain, Saint-Romain, FRA, 21190

Website

http://www.tff-group.com

TFF Group is a France-based company operating in the beverage industry. The company is engaged in the manufacturing and distribution of barrels and wood products for the ageing of wines and spirits in France. The company also offers cooperages, staves, and casks. Its principal markets include wines, whiskey, and spirits. The company operates in France, Asia, Europe, United States and others. The company has majority of its turnover from United States.

TFF Group (XPAR:TFF) Headlines

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