PGG Wrightson (NZSE:PGW) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

View and export this data going back to 1982. Start your Free Trial

What is PGG Wrightson 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. PGG Wrightson's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

PGG Wrightson's long-term debt to total assets ratio declined from Dec. 2022 (0.19) to Dec. 2023 (0.18). It may suggest that PGG Wrightson is progressively becoming less dependent on debt to grow their business.

PGG Wrightson LT-Debt-to-Total-Asset Historical Data

The historical data trend for PGG Wrightson'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.

PGG Wrightson LT-Debt-to-Total-Asset Chart

PGG Wrightson Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.24

0.19

0.21

0.24

PGG Wrightson 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															0.19	0.21	0.19	0.24	0.18

PGG Wrightson LT-Debt-to-Total-Asset Calculation

PGG Wrightson'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 )
	=	119.769	/	496.528
	=	0.24

PGG Wrightson'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 )
	=	113.089	/	642.347
	=	0.18

PGG Wrightson (NZSE:PGW) 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.

PGG Wrightson LT-Debt-to-Total-Asset Related Terms

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

PGG Wrightson (NZSE:PGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PGG Wrightson Ltd (NZSE:PGW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PGWFF:USA

Address

1 Robin Mann Place, Christchurch Airport, Christchurch, CT, NZL, 8053

Website

https://www.pggwrightson.co.nz

PGG Wrightson Ltd is an agriculture solutions provider predominantly in New Zealand. The company's reportable segments are, Agency, Retail & Water, and Other. The company generates maximum revenue from the Retail and Water segment which includes the rural supplies and fruitfed retail operations, PGG Wrightson Water, PGW Consulting, Agritrade, and ancillary sales support, supply chain, and marketing functions. The Agency segment includes rural Livestock trading activities, export livestock, wool, insurance, real estate, and finance commission. The company principally operates in New Zealand.

PGG Wrightson (NZSE:PGW) Headlines

No Headlines