Alpha Group International (LSE:ALPH) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

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What is Alpha Group International 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. Alpha Group International's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Alpha Group International's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2023 (0.06). It may suggest that Alpha Group International is progressively becoming more dependent on debt to grow their business.

Alpha Group International LT-Debt-to-Total-Asset Historical Data

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

Alpha Group International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.04

0.03

0.04

0.06

Alpha Group International Semi-Annual Data
	Dec14	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													0.03	0.03	0.04	0.03	0.06

Alpha Group International LT-Debt-to-Total-Asset Calculation

Alpha Group International'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 )
	=	21.692	/	372.6
	=	0.06

Alpha Group International'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 )
	=	21.692	/	372.6
	=	0.06

Alpha Group International (LSE:ALPH) 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.

Alpha Group International LT-Debt-to-Total-Asset Related Terms

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Alpha Group International (LSE:ALPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Alpha Group International PLC (LSE:ALPH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ALPHl:UK

Address

2 Canalside Walk, Brunel Building, London, GBR, W2 1DG

Website

https://www.alphagroup.com

Alpha Group International plc is a high-tech, high-touch provider of enhanced financial solutions dedicated to corporates and institutions operating internationally. The operating segments are Corporate London, Institutional, Corporate Toronto, Corporate Amsterdam and Alpha Pay It blends intelligent human capabilities with new technologies to solve complex problems across three key areas: FX risk management, global accounts and mass payments. Majority of its revenue comes from Corporate London segment.

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