AELTF (Adacel Technologies) LT-Debt-to-Total-Asset: 0.16 (As of Jun. 2024)


AELTF Adacel Technologies Ltd AELTF
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What is Adacel Technologies LT-Debt-to-Total-Asset?

Adacel Technologies AELTF 12 LT-Debt-to-Total-Asset is 0.16 as of Jun. 2024. GuruFocus rates AELTF with a GF Score™ of 12/100.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Adacel Technologies's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.16.

Adacel Technologies's long-term debt to total assets ratio increased from Jun. 2023 (0.12) to Jun. 2024 (0.16). It may suggest that Adacel Technologies is progressively becoming more dependent on debt to grow their business.


Adacel Technologies  (OTCPK:AELTF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Adacel Technologies LT-Debt-to-Total-Asset Related Terms


Adacel Technologies LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Adacel Technologies's LT-Debt-to-Total-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.

Adacel Technologies LT-Debt-to-Total-Asset Chart

Adacel Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.11 0.12 0.16

Adacel Technologies Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.13 0.12 0.18 0.16
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Adacel Technologies Ltd AELTF
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Adacel Technologies LT-Debt-to-Total-Asset Calculation

Adacel Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=4.181/26.101
=0.16

Adacel Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=4.181/26.101
=0.16

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.16 mean?
Adacel Technologies (AELTF) has a LT-Debt-to-Total-Asset of 0.16 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Adacel Technologies and its competitors.
Is Adacel Technologies' LT-Debt-to-Total-Asset too high?
Adacel Technologies' current LT-Debt-to-Total-Asset is 0.16. Overall, Adacel Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Adacel Technologies' LT-Debt-to-Total-Asset compare to CURR and RDZN?
Adacel Technologies' LT-Debt-to-Total-Asset of 0.16 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Software company?
A good LT-Debt-to-Total-Asset depends on the Software industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Adacel Technologies and its competitors. Adacel Technologies's current LT-Debt-to-Total-Asset is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adacel Technologies stock overvalued right now?
Adacel Technologies (AELTF) has a current LT-Debt-to-Total-Asset of 0.16. The current LT-Debt-to-Total-Asset is 0.16. Adacel Technologies' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Adacel Technologies (AELTF), the current LT-Debt-to-Total-Asset is 0.16 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adacel Technologies Business Description

Address Level 4, 150 Albert Road, Suite 31, South Melbourne, Melbourne, VIC, AUS, 3205
Adacel Technologies Ltd develops and sells simulation and control systems. The company's operating segment includes Systems and Services. It generates maximum revenue from the Services segment. The Services segment includes software maintenance and all aspects of system support, field services, and on-site technical services. Its Systems segment includes operational air traffic management as well as simulation and training applications. Geographically, it derives a majority of its revenue from Canada and also has a presence in the USA Estonia and Australia.
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