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Bytes Technology Group (LSE:BYIT) Debt-to-Asset : 0.01 (As of Feb. 2024)


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What is Bytes Technology Group Debt-to-Asset?

Bytes Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was £0.4 Mil. Bytes Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was £1.3 Mil. Bytes Technology Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was £379.7 Mil. Bytes Technology Group's debt to asset for the quarter that ended in Feb. 2024 was 0.00.


Bytes Technology Group Debt-to-Asset Historical Data

The historical data trend for Bytes Technology Group's Debt-to-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.

Bytes Technology Group Debt-to-Asset Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Asset
Get a 7-Day Free Trial 0.01 0.01 - - 0.01

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Bytes Technology Group's Debt-to-Asset

For the Software - Infrastructure subindustry, Bytes Technology Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bytes Technology Group's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Bytes Technology Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Bytes Technology Group's Debt-to-Asset falls into.



Bytes Technology Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bytes Technology Group's Debt-to-Asset for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.423 + 1.314) / 379.718
=0.00

Bytes Technology Group's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.423 + 1.314) / 379.718
=0.00

* 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.


Bytes Technology Group  (LSE:BYIT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Bytes Technology Group Debt-to-Asset Related Terms

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Bytes Technology Group (LSE:BYIT) Business Description

Traded in Other Exchanges
Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.

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