Rakon (RAKNF) Debt-to-Asset : 0.07 (As of Mar. 2024)

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What is Rakon Debt-to-Asset?

Rakon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.98 Mil. Rakon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.15 Mil. Rakon's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $125.97 Mil. Rakon's debt to asset for the quarter that ended in Mar. 2024 was 0.06.

Rakon Debt-to-Asset Historical Data

The historical data trend for Rakon'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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Rakon Debt-to-Asset Chart

Rakon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.15

0.12

0.11

0.05

0.07

Rakon Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.11	0.06	0.05	0.05	0.07

Competitive Comparison of Rakon's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Rakon'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.

Rakon's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rakon's Debt-to-Asset distribution charts can be found below:

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

Rakon Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rakon's Debt-to-Asset for the fiscal year that ended in Mar. 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
	=	(1.981	+	6.152)	/	125.971
	=	0.06

Rakon's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(1.981	+	6.152)	/	125.971
	=	0.06

Rakon (OTCPK:RAKNF) 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.

Rakon Debt-to-Asset Related Terms

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Rakon (RAKNF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rakon Ltd (OTCPK:RAKNF) » Definitions » Debt-to-Asset

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RAK:New Zealand

Address

8 Sylvia Park Road, Mt Wellington, Auckland, NZL, 1060

Website

https://www.rakon.com

Rakon Ltd is engaged in the development of frequency control products and timing solutions for a wide range of applications. Its core markets are Telecommunications, Space & Defence, and Global Positioning. The company's product range consists of low stability Crystal Oscillators (XO), Voltage Controlled Crystal Oscillators (VCXOs), and crystal products, through to high volume precision Temperature Compensated Crystal Oscillators (TCXOs), Oven Controlled Crystal Oscillators (OCXOs), Digital Pulse Compression Sub-Systems (DPCSS), Surface Acoustic Wave (SAW) oscillators and specialized products. The company's geographical segments are New Zealand, France, India, and Others.