One Heritage Group (LSE:OHG) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

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What is One Heritage 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. One Heritage Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

One Heritage Group's long-term debt to total assets ratio declined from Dec. 2022 (0.41) to Dec. 2023 (0.23). It may suggest that One Heritage Group is progressively becoming less dependent on debt to grow their business.

One Heritage Group LT-Debt-to-Total-Asset Historical Data

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

One Heritage Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

0.23

0.26

0.36

0.60

One Heritage Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.33	0.36	0.41	0.60	0.23

One Heritage Group LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	11.572	/	19.251
	=	0.60

One Heritage 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 )
	=	4.196	/	18.536
	=	0.23

One Heritage Group (LSE:OHG) 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.

One Heritage Group LT-Debt-to-Total-Asset Related Terms

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One Heritage Group (LSE:OHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » One Heritage Group PLC (LSE:OHG) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

80 Mosley Street, Manchester, GBR, M2 3FX

Website

https://www.one-heritageplc.com

One Heritage Group PLC is a property development and management company. The company undertakes the development and re-development of new and existing buildings to create self-contained residential apartments and the refurbishment of existing residential properties. The Group operates in operating segments namely: Developments segment, Construction segment, Property Services segment, and Corporate segment.

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