Audinate Group (ASX:AD8) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Audinate 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. Audinate Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Audinate Group's long-term debt to total assets ratio increased from Dec. 2023 (0.01) to Dec. 2024 (0.01). It may suggest that Audinate Group is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Audinate 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.

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

Audinate Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.04

0.02

0.01

0.02

0.01

Audinate Group Semi-Annual Data
	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											0.01	0.02	0.01	0.01	0.01

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

Audinate 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 )
	=	2.406	/	189.474
	=	0.01

Audinate 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 )
	=	1.914	/	181.472
	=	0.01

Audinate Group (ASX:AD8) 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.

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

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Audinate Group Business Description

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AUDGF:USA

Address

64 Kippax Street, Level 7, Surry Hills, NSW, AUS, 2010

Website

https://www.audinate.com

Audinate is a founder-led networking technology company for the professional AV industry. Audinate's Dante protocol is the world's most widely used protocol for digital audio networking. Nearly 500 OEM brands license the Dante protocol for over 4,000 products. Audinate has also started offering digital networking solutions for video equipment.

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