Cordiant Digital Infrastructure (LSE:CORD) LT-Debt-to-Total-Asset : 0.16 (As of Sep. 2023)

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What is Cordiant Digital Infrastructure 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. Cordiant Digital Infrastructure's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.16.

Cordiant Digital Infrastructure's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (0.16). It may suggest that Cordiant Digital Infrastructure is progressively becoming more dependent on debt to grow their business.

Cordiant Digital Infrastructure LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cordiant Digital Infrastructure'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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Cordiant Digital Infrastructure LT-Debt-to-Total-Asset Chart

Cordiant Digital Infrastructure Annual Data

Trend

Mar22

Mar23

LT-Debt-to-Total-Asset

Cordiant Digital Infrastructure Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	-	-	-	0.16

Cordiant Digital Infrastructure LT-Debt-to-Total-Asset Calculation

Cordiant Digital Infrastructure'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 )
	=	0	/	897.493
	=	0.00

Cordiant Digital Infrastructure'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 )
	=	168.936	/	1042.493
	=	0.16

Cordiant Digital Infrastructure (LSE:CORD) 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.

Cordiant Digital Infrastructure LT-Debt-to-Total-Asset Related Terms

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Cordiant Digital Infrastructure (LSE:CORD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cordiant Digital Infrastructure Ltd (LSE:CORD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

CORDl:UK

Address

East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP

Website

https://www.cordiantdigitaltrust.com

Cordiant Digital Infrastructure Ltd is an investment company. Its principal activity is to invest in Digital Infrastructure Assets. The company seeks to generate attractive total returns for shareholders over the longer term, comprising capital growth and a progressive dividend, through investment in digital infrastructure assets.

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