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FOXX (Foxx Development Holdings) Debt-to-Asset : 0.04 (As of Dec. 2024)


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What is Foxx Development Holdings Debt-to-Asset?

Foxx Development Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.22 Mil. Foxx Development Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.08 Mil. Foxx Development Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $31.94 Mil. Foxx Development Holdings's debt to asset for the quarter that ended in Dec. 2024 was 0.04.

Foxx Development Holdings Debt-to-Asset Historical Data

The historical data trend for Foxx Development 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.

* Premium members only.

Foxx Development Holdings Debt-to-Asset Chart

Foxx Development Holdings Annual Data
Trend Jun22 Jun23 Jun24
Debt-to-Asset
0.89 1.25 1.27

Foxx Development Holdings Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only 1.53 1.65 1.27 0.03 0.04

Competitive Comparison of Foxx Development Holdings's Debt-to-Asset

For the Consumer Electronics subindustry, Foxx Development 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.

Foxx Development Holdings's Debt-to-Asset Distribution in the Hardware Industry

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

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


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Foxx Development Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Foxx Development Holdings's Debt-to-Asset for the fiscal year that ended in Jun. 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
=(6.383 + 0.428) / 5.374
=1.27

Foxx Development Holdings's Debt-to-Asset for the quarter that ended in Dec. 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
=(0.222 + 1.082) / 31.936
=0.04

* 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.

Foxx Development Holdings  (NAS:FOXX) 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.

Foxx Development Holdings Debt-to-Asset Related Terms

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Foxx Development Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Foxx Development Holdings Inc (NAS:FOXX) » Definitions » Debt-to-Asset
Comparable Companies
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Traded in Other Exchanges
N/A
Address
13575 Barranca Parkway C106, Irvine, CA, USA, 92618
Website
https://www.foxxusa.com
Foxx Development Holdings Inc is a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients. With robust research and development capabilities and a strategic commitment to cultivating long-term partnerships with mobile network operators, distributors, and suppliers. Its products include tablets, smartphones, wearables, and other high-quality communication terminals.