Binect AG (XTER:MA10) Debt-to-Asset : 0.06 (As of Jun. 2024)

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What is Binect AG Debt-to-Asset?

Binect AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.14 Mil. Binect AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.54 Mil. Binect AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was €12.12 Mil. Binect AG's debt to asset for the quarter that ended in Jun. 2024 was 0.06.

Binect AG Debt-to-Asset Historical Data

The historical data trend for Binect AG'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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Binect AG Debt-to-Asset Chart

Binect AG Annual Data

Trend

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.03

0.01

0.07

0.06

Binect AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial															0.07	0.07	0.06	0.06	0.06

Competitive Comparison of Binect AG's Debt-to-Asset

For the Software - Application subindustry, Binect AG'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.

Binect AG's Debt-to-Asset Distribution in the Software Industry

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

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

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Binect AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Binect AG'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
	=	(0.13	+	0.588)	/	12.234
	=	0.06

Binect AG's Debt-to-Asset for the quarter 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
	=	(0.136	+	0.537)	/	12.115
	=	0.06

Binect AG (XTER:MA10) 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.

Binect AG Debt-to-Asset Related Terms

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Binect AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Binect AG (XTER:MA10) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Brunnenweg 17, Weiterstadt, DEU, 64331

Website

https://www.binect.com/ir-kontakt

Binect AG is a innovative software and service platform for the secure and simple digitization of business document and receipt logistics.

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