Heavitree Brewery (LSE:HVT) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2023)

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What is Heavitree Brewery 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. Heavitree Brewery's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.00.

Heavitree Brewery's long-term debt to total assets ratio declined from Oct. 2022 (0.11) to Oct. 2023 (0.00). It may suggest that Heavitree Brewery is progressively becoming less dependent on debt to grow their business.

Heavitree Brewery LT-Debt-to-Total-Asset Historical Data

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

Heavitree Brewery Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

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0.21

0.19

0.11

Heavitree Brewery 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															0.19	-	0.11	-	-

Heavitree Brewery LT-Debt-to-Total-Asset Calculation

Heavitree Brewery's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	0.086	/	21.331
	=	0.00

Heavitree Brewery'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 )
	=	0.086	/	21.331
	=	0.00

Heavitree Brewery (LSE:HVT) 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.

Heavitree Brewery LT-Debt-to-Total-Asset Related Terms

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Heavitree Brewery (LSE:HVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Heavitree Brewery PLC (LSE:HVT) » Definitions » LT-Debt-to-Total-Asset

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HVTA:UK

Address

Heavitree Brewery, Trood Lane, Matford, Exeter, GBR, EX2 8YP

Website

https://www.heavitreebrewery.co.uk

Heavitree Brewery PLC is a UK-based company engaged in the business of leasing and operating public houses. Its geographical segments include the United Kingdom and the United States. The firm mainly involves running and developing tenanted and leased estate. The company owns over 60 pubs which include The Anchor Inn, The Ashcott Inn, The Atmospheric Railway, The Beach Hotel, The Bell Inn, The Brunswick Arms, and others. It also owns land in the United States through its subsidiary while the majority of its revenues are generated from the pubs that it owns in the United Kingdom.