Schrole Group (ASX:SCL) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Schrole Group 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. Schrole Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Schrole Group's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.00). It may suggest that Schrole Group is progressively becoming less dependent on debt to grow their business.

Schrole Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Schrole Group'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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Schrole Group LT-Debt-to-Total-Asset Chart

Schrole Group Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.01

0.03

Schrole Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Jun16	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														0.01	0.04	0.03	0.01	-

Schrole Group LT-Debt-to-Total-Asset Calculation

Schrole Group'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 )
	=	0	/	4.341
	=	0.00

Schrole Group'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 )
	=	0	/	4.341
	=	0.00

Schrole Group (ASX:SCL) 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.

Schrole Group LT-Debt-to-Total-Asset Related Terms

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Schrole Group (ASX:SCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Schrole Group Ltd (ASX:SCL) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

142 Hasler Road, Ground Floor, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.schrole.edu.au

Schrole Group Ltd provides software-based recruitment platforms and training service solutions primarily to the education sector. The company generates a majority of revenue from the software solutions segment. It has a business presence in Australia and other countries, of which a majority of revenue is derived from Australia.