DUG Technology (ASX:DUG) Liabilities-to-Assets : 0.60 (As of Dec. 2023)

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What is DUG Technology Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. DUG Technology's Total Liabilities for the quarter that ended in Dec. 2023 was A$60.54 Mil. DUG Technology's Total Assets for the quarter that ended in Dec. 2023 was A$100.77 Mil. Therefore, DUG Technology's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.60.

DUG Technology Liabilities-to-Assets Historical Data

The historical data trend for DUG Technology's Liabilities-to-Assets 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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DUG Technology Liabilities-to-Assets Chart

DUG Technology Annual Data

Trend

Jun21

Jun22

Jun23

Liabilities-to-Assets

0.79

0.65

0.56

DUG Technology Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial			0.67	0.65	0.64	0.56	0.60

Competitive Comparison of DUG Technology's Liabilities-to-Assets

For the Information Technology Services subindustry, DUG Technology's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

DUG Technology's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, DUG Technology's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where DUG Technology's Liabilities-to-Assets falls into.

DUG Technology Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

DUG Technology's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )	=	Total Liabilities	/	Total Assets
	=	38.971	/	70.133
	=	0.56

DUG Technology's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	60.535	/	100.77
	=	0.60

DUG Technology (ASX:DUG) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

DUG Technology Liabilities-to-Assets Related Terms

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DUG Technology (ASX:DUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DUG Technology Ltd (ASX:DUG) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Kings Park Road, West Perth, Perth, WA, AUS, 6005

Website

https://www.dug.com

DUG Technology Ltd is a technology company providing high performance computing as a service (HPCaaS), scientific data analysis services, and software solutions for the technology and resource sectors. Also, the company offers data management, multi-tiered support for optimising third-party algorithms, and integrated scientific software and services. The company has Three reportable segments which includes HPCaaS, Services, and Software segments and the company generates majority of its revenue from services segment.