Gateley (Holdings) (LSE:GTLY) LT-Debt-to-Total-Asset : 0.26 (As of Oct. 2023)

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What is Gateley (Holdings) 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. Gateley (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.26.

Gateley (Holdings)'s long-term debt to total assets ratio increased from Oct. 2022 (0.25) to Oct. 2023 (0.26). It may suggest that Gateley (Holdings) is progressively becoming more dependent on debt to grow their business.

Gateley (Holdings) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gateley (Holdings)'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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Gateley (Holdings) LT-Debt-to-Total-Asset Chart

Gateley (Holdings) Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.05

0.25

0.23

0.21

0.24

Gateley (Holdings) Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.21	0.25	0.24	0.26

Gateley (Holdings) LT-Debt-to-Total-Asset Calculation

Gateley (Holdings)'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 )
	=	35.529	/	148.651
	=	0.24

Gateley (Holdings)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )	/	Total Assets (Q: Oct. 2023 )
	=	40.702	/	154.99
	=	0.26

Gateley (Holdings) (LSE:GTLY) 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.

Gateley (Holdings) LT-Debt-to-Total-Asset Related Terms

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Gateley (Holdings) (LSE:GTLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gateley (Holdings) PLC (LSE:GTLY) » Definitions » LT-Debt-to-Total-Asset

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5I2:Germany

Address

One Eleven Edmund Street, Birmingham, West Midlands, GBR, B3 2HJ

Website

http://www.gateleyplc.com

Gateley (Holdings) PLC is a full-service law firm. It provides commercial legal service with complementary non-legal services which includes trustees to pension schemes and offering tax incentive advice. The company has banking and financial services, corporate, business services, employment, pensions and benefits, and property segments. It derives most of its revenues from the banking and financial services segment. The firm mainly operates in the United Kingdom, Europe, Middle East, North and South America, and Asia.

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