Seek (ASX:SEK) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2023)

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What is Seek 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. Seek's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.30.

Seek's long-term debt to total assets ratio increased from Dec. 2022 (0.28) to Dec. 2023 (0.30). It may suggest that Seek is progressively becoming more dependent on debt to grow their business.

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

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

Seek Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.35

0.42

0.27

0.33

0.28

Seek 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															0.35	0.33	0.28	0.28	0.30

Seek LT-Debt-to-Total-Asset Calculation

Seek'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 )
	=	1483.1	/	5230.9
	=	0.28

Seek'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 )
	=	1508	/	5058.7
	=	0.30

Seek (ASX:SEK) 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.

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

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Seek (ASX:SEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Seek Ltd (ASX:SEK) » Definitions » LT-Debt-to-Total-Asset

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SKLTY:USA SLD:Germany

Address

60 Cremorne Street, Cremorne, Melbourne, VIC, AUS, 3121

Website

https://www.seek.com.au

Seek is a technology company operating in the employment segment. Seek's primary business is an online listings platform for employment, www.seek.com.au, which is the largest online listings platform for employment in Australia and New Zealand. Seek also owns and operates employment listings platforms in Southeast Asia and Latin America and operates an investment business in employment listings platforms and other employment related businesses.

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