Aisix Solutions (TSXV:AISX) LT-Debt-to-Total-Asset : 0.17 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Aisix Solutions 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. Aisix Solutions's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.17.

Aisix Solutions's long-term debt to total assets ratio increased from Mar. 2023 (0.12) to Mar. 2024 (0.17). It may suggest that Aisix Solutions is progressively becoming more dependent on debt to grow their business.

Aisix Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aisix Solutions'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.

Aisix Solutions LT-Debt-to-Total-Asset Chart

Aisix Solutions Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.09

0.11

Aisix Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.08	0.11	0.17

Aisix Solutions LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.111	/	1.003
	=	0.11

Aisix Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0.111	/	0.648
	=

Aisix Solutions (TSXV:AISX) 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.

Aisix Solutions LT-Debt-to-Total-Asset Related Terms

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

Aisix Solutions (TSXV:AISX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aisix Solutions Inc (TSXV:AISX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AISXF:USA

Address

1166 Alberni Street, Suite 810, Vancouver, BC, CAN, V6E 3Z3

Website

https://www.minervaintelligence.com

Aisix Solutions Inc Formerly Minerva Intelligence Inc is engaged in developing and marketing AI software products to various industries with technical and scientific data. Its AI Platform combines human domain expertise with information from public and private databases in a cognitive computer reasoning system to carry out complex tasks faster. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States.

Executives

Mihalis Belantis

Senior Officer

Aisix Solutions (TSXV:AISX) Headlines

No Headlines