Spirit Pub Co (LSE:SPRT) LT-Debt-to-Total-Asset : 0.41 (As of Feb. 2015)

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

What is Spirit Pub Co 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. Spirit Pub Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2015 was 0.41.

Spirit Pub Co's long-term debt to total assets ratio declined from Feb. 2014 (0.47) to Feb. 2015 (0.41). It may suggest that Spirit Pub Co is progressively becoming less dependent on debt to grow their business.

Spirit Pub Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Spirit Pub Co'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.

Spirit Pub Co LT-Debt-to-Total-Asset Chart

Spirit Pub Co Annual Data

Trend

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.84

0.40

0.48

0.46

0.42

Spirit Pub Co Semi-Annual Data
	Aug08	Aug09	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.49	0.46	0.47	0.42	0.41

Spirit Pub Co LT-Debt-to-Total-Asset Calculation

Spirit Pub Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2014 is calculated as

LT Debt to Total Assets (A: Aug. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2014 )	/	Total Assets (A: Aug. 2014 )
	=	813.6	/	1957.8
	=	0.42

Spirit Pub Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2015 is calculated as

LT Debt to Total Assets (Q: Feb. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2015 )	/	Total Assets (Q: Feb. 2015 )
	=	807.4	/	1948.3
	=	0.41

Spirit Pub Co (LSE:SPRT) 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.

Spirit Pub Co LT-Debt-to-Total-Asset Related Terms

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

Spirit Pub Co (LSE:SPRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Spirit Pub Co PLC (LSE:SPRT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.spiritpubcompany.com

Spirit Pub Co PLC was incorporated in England. The Company's trading activities are divided into two divisions; namely a Managed division and a Leased division. The Managed division involves pubs that are directly managed by the Group, and a Leased division which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Company holds 794 Managed pubs and 433 Leased pubs. The group operates solely in the United Kingdom.