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iLearningEngines (iLearningEngines) LT-Debt-to-Total-Asset : 0.27 (As of Jun. 2023)


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What is iLearningEngines LT-Debt-to-Total-Asset?

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. iLearningEngines's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.27.

iLearningEngines's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.27). It may suggest that iLearningEngines is progressively becoming more dependent on debt to grow their business.

iLearningEngines LT-Debt-to-Total-Asset Historical Data

The historical data trend for iLearningEngines'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.

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iLearningEngines LT-Debt-to-Total-Asset Chart

iLearningEngines Annual Data
Trend Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
- 0.21 0.15

iLearningEngines Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
LT-Debt-to-Total-Asset - 0.21 - 0.15 0.27

iLearningEngines LT-Debt-to-Total-Asset Calculation

iLearningEngines's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=9.713/63.545
=0.15

iLearningEngines's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=21.202/79.835
=0.27

* 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.

iLearningEngines  (NAS:AILE) 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.

iLearningEngines LT-Debt-to-Total-Asset Related Terms

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iLearningEngines (iLearningEngines) Business Description

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Address
6701 Democracy Boulevard, Suite 300, Bethesda, MD, USA, 20817
Website
https://www.ilearningengines.com
iLearningEngines Inc is an AI and automation platform that empowers its customers to productize their institutional knowledge by transforming it into actionable intellectual property that enhances outcomes for employees, customers and other stakeholders. Its platform enables enterprises to build intelligent Knowledge Clouds that incorporate large volumes of structured and unstructured information across disparate internal and external systems and to automate organizational processes that leverage these Knowledge Clouds to improve performance. The company combines its offerings with vertically focused capabilities and data models to operationalize AI and automation to effectively and efficiently address critical challenges facing its customers.