Exela Technologies (Exela Technologies) LT-Debt-to-Total-Asset : 1.81 (As of Mar. 2024)

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What is Exela Technologies 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. Exela Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 1.81.

Exela Technologies's long-term debt to total assets ratio increased from Mar. 2023 (1.39) to Mar. 2024 (1.81). It may suggest that Exela Technologies is progressively becoming more dependent on debt to grow their business.

Exela Technologies LT-Debt-to-Total-Asset Historical Data

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

Exela Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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1.19

1.35

1.03

1.36

1.67

Exela Technologies 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															1.39	1.48	1.67	1.67	1.81

Exela Technologies LT-Debt-to-Total-Asset Calculation

Exela Technologies'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 )
	=	1063.236	/	636.337
	=	1.67

Exela Technologies'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 )
	=	1072.026	/	591.804
	=	1.81

Exela Technologies (OTCPK:XELAW) 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.

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Exela Technologies (Exela Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exela Technologies Inc (OTCPK:XELAW) » Definitions » LT-Debt-to-Total-Asset

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XELA:USA

Address

2701 East Grauwyler Road, Irving, TX, USA, 75061

Website

https://www.exelatech.com

Exela Technologies Inc is a location-agnostic business process automation (BPA) leader combining industry specific and multi industry enterprise software and solutions. The company's BPA suite of solutions is deployed in banking, healthcare, insurance, and other industries. The company's segment includes Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal and Loss Prevention Services (LLPS). It generates maximum revenue from the ITPS segment.