Bridgepoint Group (LSE:BPT) LT-Debt-to-Total-Asset : 0.53 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Bridgepoint 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. Bridgepoint Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.53.

Bridgepoint Group's long-term debt to total assets ratio increased from Dec. 2022 (0.39) to Dec. 2023 (0.53). It may suggest that Bridgepoint Group is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Bridgepoint 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.

* Premium members only.

Bridgepoint Group LT-Debt-to-Total-Asset Chart

Bridgepoint Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.12

0.28

0.27

0.39

0.53

Bridgepoint Group Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.27	0.40	0.39	0.45	0.53

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

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1250.2	/	2377.7
	=	0.53

Bridgepoint Group'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 )
	=	1250.2	/	2377.7
	=	0.53

Bridgepoint Group (LSE:BPT) 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.

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

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

Bridgepoint Group (LSE:BPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bridgepoint Group PLC (LSE:BPT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BPTl:UK 8XW:Germany

Address

5 Marble Arch, London, GBR, W1H 7EJ

Website

https://www.bridgepoint.eu

Bridgepoint Group PLC is an international alternative asset fund management group, providing private equity and private debt lending solutions to the middle market. It invests in six principal sectors - business services, consumer, financial services, healthcare, medtech and pharma, manufacturing and industrials and digital, technology, and media via a platform of offices in Europe, the U.S, and China.