GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Vertical Aerospace Ltd (STU:M00) » Definitions » LT-Debt-to-Total-Asset

Vertical Aerospace (STU:M00) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)


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

What is Vertical Aerospace 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. Vertical Aerospace's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Vertical Aerospace's long-term debt to total assets ratio increased from Sep. 2022 (0.01) to Dec. 2023 (0.02). It may suggest that Vertical Aerospace is progressively becoming more dependent on debt to grow their business.


Vertical Aerospace LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vertical Aerospace'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.

Vertical Aerospace LT-Debt-to-Total-Asset Chart

Vertical Aerospace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.13 0.10 0.01 0.02 0.02

Vertical Aerospace Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 0.02 0.02 0.02

Vertical Aerospace LT-Debt-to-Total-Asset Calculation

Vertical Aerospace'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 )
=2.295/97.602
=

Vertical Aerospace'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 )
=2.295/97.602
=

* 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.


Vertical Aerospace  (STU:M00) 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.


Vertical Aerospace LT-Debt-to-Total-Asset Related Terms

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


Vertical Aerospace (STU:M00) Business Description

Traded in Other Exchanges
Address
Chapel Street, Unit 1 Camwal Court, Bristol, GBR, BS2 0UW
Vertical Aerospace Ltd is engaged in making air travel personal, on-demand, and carbon-free. The VX4, Vertical's flagship aircraft, is a piloted electric vertical take-off and landing (eVTOL) vehicle capable of carrying four passengers.

Vertical Aerospace (STU:M00) Headlines

No Headlines