Toople (LSE:TOOP) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2022)

View and export this data going back to 2016. Start your Free Trial

What is Toople 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. Toople's long-term debt to total assests ratio for the quarter that ended in Mar. 2022 was 0.18.

Toople's long-term debt to total assets ratio declined from Mar. 2021 (0.59) to Mar. 2022 (0.18). It may suggest that Toople is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Toople'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.

Toople LT-Debt-to-Total-Asset Chart

Toople Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.45

0.23

0.55

0.86

Toople Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.29	0.55	0.59	0.86	0.18

Toople LT-Debt-to-Total-Asset Calculation

Toople's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (A: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2021 )	/	Total Assets (A: Sep. 2021 )
	=	1.797	/	2.092
	=	0.86

Toople's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (Q: Mar. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2022 )	/	Total Assets (Q: Mar. 2022 )
	=	0.367	/	2.022
	=	0.18

Toople (LSE:TOOP) 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.

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

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

Toople (LSE:TOOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Toople PLC (LSE:TOOP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Nexus Building, P.O. Box 501, Broadway, Letchworth, Hertfordshire, GBR, SG6 9BL

Website

https://www.toople.com

Toople PLC provides telecommunication services in the United Kingdom. The company's services include business broadband, fiber, EFM and Ethernet data services, business mobile phones, cloud PBX and SIP Trunking, and traditional services. It provides business broadband packages such as Toople Broadband ADSL, Toople Fibre Lite FTTC, and Toople Fibre XL. The revenue is derived from the provision of telephony services.

Toople (LSE:TOOP) Headlines

No Headlines