Afterpay (Afterpay) Debt-to-Asset : 0.42 (As of Jun. 2021)

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What is Afterpay Debt-to-Asset?

Afterpay's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $1.7 Mil. Afterpay's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $1,007.9 Mil. Afterpay's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2021 was $2,382.4 Mil. Afterpay's debt to asset for the quarter that ended in Jun. 2021 was 0.42.

Afterpay Debt-to-Asset Historical Data

The historical data trend for Afterpay'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.

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Afterpay Debt-to-Asset Chart

Afterpay Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Debt-to-Asset

0.20

0.41

0.06

0.29

0.42

Afterpay Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Debt-to-Asset	Get a 7-Day Free Trial				0.06	0.31	0.29	0.06	0.42

Competitive Comparison of Afterpay's Debt-to-Asset

For the Software - Infrastructure subindustry, Afterpay'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.

Afterpay's Debt-to-Asset Distribution in the Software Industry

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

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

Afterpay Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Afterpay's Debt-to-Asset for the fiscal year that ended in Jun. 2021 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.683	+	1007.937)	/	2382.437
	=	0.42

Afterpay's Debt-to-Asset for the quarter that ended in Jun. 2021 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.683	+	1007.937)	/	2382.437
	=	0.42

Afterpay (OTCPK:AFTPY) 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.

Afterpay Debt-to-Asset Related Terms

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Afterpay (Afterpay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Afterpay Ltd (OTCPK:AFTPY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000

Website

https://www.afterpay.com

Afterpay started its buy now, pay later, or BNPL, financing product in calendar 2015, listed on the ASX in May 2016 and merged with Touchcorp (who designed and built Afterpay's platform software) in June 2017. Its BNPL platform allows consumers to make acquisitions at merchant partners by paying instalments every two weeks. If consumers pay on time, they transact on Afterpay for free. Afterpay primarily generates revenue from receiving a margin from the merchant. Afterpay pays the merchant the full purchase price immediately on the sale, less this margin. The margin compensates Afterpay for accepting all non-payment risk, including credit risk and fraud by the consumer, and for encouraging consumers to purchase greater dollar values and transact more frequently.