Arqit Quantum (Arqit Quantum) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2023)

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What is Arqit Quantum 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. Arqit Quantum's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.06.

Arqit Quantum's long-term debt to total assets ratio increased from Sep. 2022 (0.05) to Sep. 2023 (0.06). It may suggest that Arqit Quantum is progressively becoming more dependent on debt to grow their business.

Arqit Quantum LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arqit Quantum'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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Arqit Quantum LT-Debt-to-Total-Asset Chart

Arqit Quantum Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

0.36

0.05

0.06

Arqit Quantum Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.06	0.05	0.07	0.06

Arqit Quantum LT-Debt-to-Total-Asset Calculation

Arqit Quantum's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	6.284	/	99.785
	=	0.06

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

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	6.284	/	99.785
	=	0.06

Arqit Quantum (NAS:ARQQ) 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.

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Arqit Quantum (Arqit Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arqit Quantum Inc (NAS:ARQQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY

Website

https://www.arqit.uk

Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.