Banxa Holdings (Banxa Holdings) Debt-to-Asset : 0.83 (As of Dec. 2023)

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What is Banxa Holdings Debt-to-Asset?

Banxa Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.9 Mil. Banxa Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.4 Mil. Banxa Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $11.2 Mil. Banxa Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.83.

Banxa Holdings Debt-to-Asset Historical Data

The historical data trend for Banxa Holdings'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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Banxa Holdings Debt-to-Asset Chart

Banxa Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

0.11

0.02

0.08

0.58

Banxa Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial												0.41	0.55	0.58	0.71	0.83

Competitive Comparison of Banxa Holdings's Debt-to-Asset

For the Information Technology Services subindustry, Banxa Holdings'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.

Banxa Holdings's Debt-to-Asset Distribution in the Software Industry

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

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

Banxa Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Banxa Holdings's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(6.131	+	0.289)	/	11.09
	=	0.58

Banxa Holdings's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.948	+	4.376)	/	11.195
	=	0.83

Banxa Holdings (OTCPK:BNXAF) 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.

Banxa Holdings Debt-to-Asset Related Terms

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Banxa Holdings (Banxa Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Banxa Holdings Inc (OTCPK:BNXAF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

AC00:Germany BNXA:Canada

Address

2-6 Gwynne Street, Level 2, Melbourne, VIC, AUS, 3121

Website

https://www.banxa.com

Banxa Holdings Inc is a payments service provider for the digital asset space. It offers a cryptocurrency gateway platform to other businesses in the industry. The company's goal is to onboard the general public to digital currency by building a fully compliant payment infrastructure that enables simple and secure conversion of fiat currency to digital currency. Geographically, it operates in Australia, North America and Europe and derives a majority of its revenue from Europe.