Brighton Pier Group (The) (LSE:PIER) LT-Debt-to-Total-Asset : 0.51 (As of Dec. 2023)

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What is Brighton Pier Group (The) 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. Brighton Pier Group (The)'s long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.51.

Brighton Pier Group (The)'s long-term debt to total assets ratio increased from Jun. 2022 (0.33) to Dec. 2023 (0.51). It may suggest that Brighton Pier Group (The) is progressively becoming more dependent on debt to grow their business.

Brighton Pier Group (The) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brighton Pier Group (The)'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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Brighton Pier Group (The) LT-Debt-to-Total-Asset Chart

Brighton Pier Group (The) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Dec23

LT-Debt-to-Total-Asset

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0.28

0.36

0.53

0.33

0.51

Brighton Pier Group (The) Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.53	0.32	0.33	0.35	0.51

Brighton Pier Group (The) LT-Debt-to-Total-Asset Calculation

Brighton Pier Group (The)'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 )
	=	30.998	/	60.727
	=	0.51

Brighton Pier Group (The)'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 )
	=	30.998	/	60.727
	=	0.51

Brighton Pier Group (The) (LSE:PIER) 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.

Brighton Pier Group (The) LT-Debt-to-Total-Asset Related Terms

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Brighton Pier Group (The) (LSE:PIER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Brighton Pier Group (The) PLC (LSE:PIER) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Drury Lane, London, GBR, WC2B 5RR

Website

https://www.brightonpiergroup.com

Brighton Pier Group (The) PLC acts as an operator of premium bars trading in major towns and cities across the United Kingdom. The company's operating segment includes Brighton Palace Pier, Golf, Bars, and Lightwater Valley. It generates maximum revenue from the Brighton Palace Pier segment.

Brighton Pier Group (The) (LSE:PIER) Headlines

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