Accrol Group Holdings (LSE:ACRL) LT-Debt-to-Total-Asset : 0.17 (As of Oct. 2023)

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What is Accrol Group Holdings 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. Accrol Group Holdings's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.17.

Accrol Group Holdings's long-term debt to total assets ratio declined from Oct. 2022 (0.17) to Oct. 2023 (0.17). It may suggest that Accrol Group Holdings is progressively becoming less dependent on debt to grow their business.

Accrol Group Holdings LT-Debt-to-Total-Asset Historical Data

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

Accrol Group Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.13

0.21

0.17

0.16

0.17

Accrol Group Holdings Semi-Annual Data
	Apr13	Apr14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.16	0.17	0.17	0.17

Accrol Group Holdings LT-Debt-to-Total-Asset Calculation

Accrol Group Holdings'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 )
	=	35.605	/	212.88
	=	0.17

Accrol Group Holdings'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 )
	=	33.808	/	198.08
	=	0.17

Accrol Group Holdings (LSE:ACRL) 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.

Accrol Group Holdings LT-Debt-to-Total-Asset Related Terms

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Accrol Group Holdings (LSE:ACRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Accrol Group Holdings PLC (LSE:ACRL) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

0AE:Germany

Address

Roman Road, Delta Building, Blackburn, Lancashire, GBR, BB1 2LD

Website

https://www.accrol.co.uk

Accrol Group Holdings PLC manufactures soft tissue products. Its products are away from home, toilet rolls, kitchen towels, and facial tissues. The company supplies its products to retailers in the household sector and national distributors away from the home sector. The firm's production facility is in Lancashire. Its geographical segments are the United Kingdom and Europe. The company derives most of its revenues from the United Kingdom segment. It has developed and promoted brands such as Handy, Mega, Mighty and Thirsty bubbles, Softy, Sofcell, and envirosoft.

Accrol Group Holdings (LSE:ACRL) Headlines

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