Wincanton (LSE:WIN) LT-Debt-to-Total-Asset : 0.30 (As of Sep. 2023)

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What is Wincanton 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. Wincanton's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.30.

Wincanton's long-term debt to total assets ratio increased from Sep. 2022 (0.26) to Sep. 2023 (0.30). It may suggest that Wincanton is progressively becoming more dependent on debt to grow their business.

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

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

Wincanton Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.12

0.31

0.24

0.30

0.27

Wincanton Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.30	0.26	0.27	0.30

Wincanton LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	168.9	/	617.2
	=	0.27

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

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	182.9	/	601.5
	=	0.30

Wincanton (LSE:WIN) 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.

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

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Wincanton (LSE:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wincanton PLC (LSE:WIN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WINl:UK WIN.GB:UK 5K2:Germany

Address

Methuen Park, Chippenham, Wiltshire, GBR, SN14 0WT

Website

https://www.wincanton.co.uk

Wincanton PLC provides supply chain and logistics solutions and services. The company is focused on sectors namely, Grocery & Consumer which is Food focused sector creating a logical connection in one of the UK's critical supply chains, General Merchandise which includes Non-food retail focused sector to meet the evolving needs of multichannel customers, eFulfilment Technology focused sector to support the growing eCommerce market and Public and Industrial Services focused sector for customers in government and public sector, infrastructure, defense, construction, and energy. The company derives the majority of its revenues from the Grocery & Consumer business segment.

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