Acumentis Group (ASX:ACU) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Acumentis Group 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. Acumentis Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Acumentis Group's long-term debt to total assets ratio increased from Dec. 2023 (0.03) to Dec. 2024 (0.03). It may suggest that Acumentis Group is progressively becoming more dependent on debt to grow their business.

Acumentis Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Acumentis Group'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.

* Premium members only.

Acumentis Group LT-Debt-to-Total-Asset Chart

Acumentis Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.12

0.11

0.10

0.04

0.02

Acumentis Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.04	0.03	0.02	0.03

Acumentis Group LT-Debt-to-Total-Asset Calculation

Acumentis Group'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 )
	=	0.791	/	38.472
	=	0.02

Acumentis Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1.264	/	38.512
	=	0.03

Acumentis Group (ASX:ACU) 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.

Acumentis Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Acumentis Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Acumentis Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Acumentis Group Ltd (ASX:ACU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

283 Clarence Street, Level 7, Sydney, NSW, AUS, 2000

Website

https://www.acumentis.com.au

Acumentis Group Ltd is engaged in commercial and residential property valuation. It provides valuation and other services such as property advisory services, commercial property valuation, government property services, agribusiness and rural property valuation, and others. It also provides services to assist in family law settlements, deceased estates, probate, self-managed super funds, business valuations, and others.