TOITF (Topicus com) Debt-to-Asset : 0.27 (As of Sep. 2024)

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What is Topicus com Debt-to-Asset?

Topicus com's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $352 Mil. Topicus com's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $107 Mil. Topicus com's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $1,672 Mil. Topicus com's debt to asset for the quarter that ended in Sep. 2024 was 0.27.

Topicus com Debt-to-Asset Historical Data

The historical data trend for Topicus com'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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Topicus com Debt-to-Asset Chart

Topicus com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.23

0.16

0.22

0.25

0.20

Topicus com Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.21	0.20	0.24	0.26	0.27

Competitive Comparison of Topicus com's Debt-to-Asset

For the Software - Infrastructure subindustry, Topicus com'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.

Topicus com's Debt-to-Asset Distribution in the Software Industry

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

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

Topicus com Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Topicus com'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
	=	(198.136	+	115.746)	/	1565.057
	=	0.20

Topicus com'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
	=	(352.274	+	106.6)	/	1671.794
	=	0.27

Topicus com (OTCPK:TOITF) 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.

Topicus com Debt-to-Asset Related Terms

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Topicus com Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Topicus com Inc (OTCPK:TOITF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TOI:Canada

Address

20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6

Website

https://www.topicus.com

Topicus com Inc is a provider of vertical market software and vertical market platforms to clients in the public and private sector. It is engaged in development, installation and customization of software and the provision of related professional services and support for customers across different markets predominantly in Europe. Substantial revenue is derived from maintenance and professional services offered by the firm.