Science Group (LSE:SAG) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Science 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. Science Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.11.

Science Group's long-term debt to total assets ratio increased from Dec. 2022 (0.11) to Dec. 2023 (0.11). It may suggest that Science Group is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Science 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.

* Premium members only.

Science Group LT-Debt-to-Total-Asset Chart

Science Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.21

0.18

0.13

0.11

Science Group Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.13	0.13	0.11	0.11	0.11

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

Science Group'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 )
	=	15.075	/	132.451
	=	0.11

Science 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 )
	=	15.075	/	132.451
	=	0.11

Science Group (LSE:SAG) 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.

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

Thank you for viewing the detailed overview of Science Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Science Group (LSE:SAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Science Group PLC (LSE:SAG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Harston Mill, Harston, Cambridge, GBR, CB22 7GG

Website

https://www.sciencegroup.com

Science Group PLC provides outsourced science and technology-based consultancy, advisory, and product development services to a wide range of industries and markets. The company operates in three segments: Services Operating Business, Product Operating Business, and Freehold Properties. Services Operating Business includes all consultancy fees, and other revenue includes recharged materials, expenses, and licenses. Product Operating Business includes sales of chips and modules which are incorporated into digital radios. The Freehold Properties segment includes the results for the two freehold properties. Its geographical segments are the United Kingdom, Other European Countries, North America, and Asia, of which the majority of its revenue comes from the United Kingdom.

Science Group (LSE:SAG) Headlines

No Headlines