Topicus com (TSXV:TOI) Debt-to-Asset : 0.20 (As of Dec. 2023)

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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 Dec. 2023 was C$266 Mil. Topicus com's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$155 Mil. Topicus com's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was C$2,100 Mil. Topicus com's debt to asset for the quarter that ended in Dec. 2023 was 0.20.

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
Debt-to-Asset	Get a 7-Day Free Trial												0.25	0.18	0.22	0.21	0.20

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
	=	(265.82	+	155.285)	/	2099.68
	=	0.20

Topicus com'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
	=	(265.82	+	155.285)	/	2099.68
	=	0.20

Topicus com (TSXV:TOI) 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 (TSXV:TOI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

TOITF:USA

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 acquires, builds, and manages leading software companies providing specialized, mission-critical, and high-impact software solutions that address the particular needs of customers. Substantial revenue is derived from maintenance and professional services offered by the firm.