CURR (Currenc Group) Debt-to-Asset : 0.20 (As of Sep. 2024)

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What is Currenc Group Debt-to-Asset?

Currenc Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $22.54 Mil. Currenc Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.01 Mil. Currenc Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $114.97 Mil. Currenc Group's debt to asset for the quarter that ended in Sep. 2024 was 0.20.

Currenc Group Debt-to-Asset Historical Data

The historical data trend for Currenc Group'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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Currenc Group Debt-to-Asset Chart

Currenc Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.25

0.18

0.20

0.23

Currenc Group Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial					-	-	0.23	0.24	0.20

Competitive Comparison of Currenc Group's Debt-to-Asset

For the Software - Application subindustry, Currenc Group'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.

Currenc Group's Debt-to-Asset Distribution in the Software Industry

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

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

Currenc Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Currenc Group's Debt-to-Asset for the fiscal year 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
	=	(29.437	+	2.507)	/	141.49
	=	0.23

Currenc Group's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(22.537	+	0.006)	/	114.965
	=	0.20

Currenc Group (NAS:CURR) 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.

Currenc Group Debt-to-Asset Related Terms

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Currenc Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Currenc Group Inc (NAS:CURR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

410 North Bridge Road, SPACES City Hall, Singapore, SGP, 188726

Website

Currenc Group Inc is a fintech banking platform for e-wallets, financial institutions and merchants worldwide, delivering frictionless interoperable real-time fund transfers and instant messaging.

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