Distribution Finance Capital Holdings (LSE:DFCH) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is Distribution Finance Capital 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. Distribution Finance Capital Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Distribution Finance Capital Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.02). It may suggest that Distribution Finance Capital Holdings is progressively becoming more dependent on debt to grow their business.

Distribution Finance Capital Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Distribution Finance Capital 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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Distribution Finance Capital Holdings LT-Debt-to-Total-Asset Chart

Distribution Finance Capital Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.70

0.02

Distribution Finance Capital Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								-	-	-	-	0.02

Distribution Finance Capital Holdings LT-Debt-to-Total-Asset Calculation

Distribution Finance Capital Holdings'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 )
	=	11.426	/	691.938
	=	0.02

Distribution Finance Capital Holdings'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 )
	=	11.426	/	691.938
	=	0.02

Distribution Finance Capital Holdings (LSE:DFCH) 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.

Distribution Finance Capital Holdings LT-Debt-to-Total-Asset Related Terms

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Distribution Finance Capital Holdings (LSE:DFCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Distribution Finance Capital Holdings PLC (LSE:DFCH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

61-95 Oxford Street, St James' Building, Manchester, GBR, M1 6EJ

Website

https://www.dfcapital-investors.com

Distribution Finance Capital Holdings PLC is a financial services provider. The company offers working capital solutions to its manufacturer customers. Its customers include motor vehicles, Lodges and holiday homes, Motorhomes and caravans, Marine, Industrial equipment, and agricultural equipment sector.

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