ITS Group (XPAR:ITS) LT-Debt-to-Total-Asset : 0.27 (As of Jun. 2019)

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What is ITS Group 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. ITS Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.27.

ITS Group's long-term debt to total assets ratio increased from Jun. 2018 (0.08) to Jun. 2019 (0.27). It may suggest that ITS Group is progressively becoming more dependent on debt to grow their business.

ITS Group LT-Debt-to-Total-Asset Historical Data

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

ITS Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.08

0.05

0.06

0.07

0.11

ITS Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.08	0.11	0.27

ITS Group LT-Debt-to-Total-Asset Calculation

ITS Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	11.608	/	106.399
	=	0.11

ITS Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )	/	Total Assets (Q: Jun. 2019 )
	=	37.377	/	137.352
	=	0.27

ITS Group (XPAR:ITS) 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.

ITS Group LT-Debt-to-Total-Asset Related Terms

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ITS Group (XPAR:ITS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ITS Group SA (XPAR:ITS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

42 Rue de Bellevue, Boulogne-Billancourt, FRA, 92100

Website

http://www.itsgroup.fr

ITS Group SA is a information technology company. ITS offers a complete offering through its know-how around IT Strategy and Consulting, IT solutions, Engineering and technical expertise, and Managed Services. It is based on a dynamic partnership policy with the major publishers of the market. The company has marked its presence in France; Belgium and Switzerland.

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