SThree (LSE:STEM) LT-Debt-to-Total-Asset : 0.04 (As of Nov. 2023)

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What is SThree 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. SThree's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.04.

SThree's long-term debt to total assets ratio declined from Nov. 2022 (0.05) to Nov. 2023 (0.04). It may suggest that SThree is progressively becoming less dependent on debt to grow their business.

SThree LT-Debt-to-Total-Asset Historical Data

The historical data trend for SThree'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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SThree LT-Debt-to-Total-Asset Chart

SThree Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

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0.07

0.06

0.05

0.04

SThree Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.05	0.04	0.04

SThree LT-Debt-to-Total-Asset Calculation

SThree's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	17.72	/	472.303
	=	0.04

SThree's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (Q: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )	/	Total Assets (Q: Nov. 2023 )
	=	17.72	/	472.303
	=	0.04

SThree (LSE:STEM) 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.

SThree LT-Debt-to-Total-Asset Related Terms

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SThree (LSE:STEM) Business Description

Industry

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

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STEMl:UK

Address

75 King William Street, 1st Floor, London, GBR, EC4N 7BE

Website

https://www.sthree.com

SThree PLC is involved in the staffing business. It provides contract and permanent recruitment services. The company operates in information and communication, engineering, energy, life sciences, banking, and finance sectors. It provides its service through various brands such as computer future, progressive, Huxley, real, orgtel, jpgray, Newington international and enterprise partners. The company operates in the UK, Ireland, Continental Europe, America, Asia Pacific and the Middle east.