Moonpig Group (FRA:769) LT-Debt-to-Total-Asset : 0.67 (As of Oct. 2023)

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What is Moonpig 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. Moonpig Group's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.67.

Moonpig Group's long-term debt to total assets ratio declined from Oct. 2022 (0.78) to Oct. 2023 (0.67). It may suggest that Moonpig Group is progressively becoming less dependent on debt to grow their business.

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

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

Moonpig Group Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.11

1.26

1.06

0.64

Moonpig Group Semi-Annual Data
	Apr18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						1.30	1.06	0.78	0.64	0.67

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

Moonpig Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	211.901	/	329.03
	=	0.64

Moonpig Group'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 )
	=	214.572	/	322.143
	=	0.67

Moonpig Group (FRA:769) 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.

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

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Moonpig Group (FRA:769) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Moonpig Group PLC (FRA:769) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MOONl:UK MOON:UK

Address

10 Back Hill, Herbal House, London, GBR, EC1R 5EN

Website

https://www.moonpig.group

Moonpig Group PLC operates in the gifting market. The company is engaged in the sale of greeting cards and gifts. Its operating segment includes Moonpig and Greetz. The company generates maximum revenue from the Moonpig segment. The business is spread across UK and Ireland; the Netherlands and the Rest of the World.

Moonpig Group (FRA:769) Headlines

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