Ambertech (ASX:AMO) LT-Debt-to-Total-Asset : 0.10 (As of Jun. 2024)

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What is Ambertech 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. Ambertech's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.10.

Ambertech's long-term debt to total assets ratio declined from Jun. 2023 (0.12) to Jun. 2024 (0.10). It may suggest that Ambertech is progressively becoming less dependent on debt to grow their business.

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

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

Ambertech Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.22

0.21

0.16

0.12

0.10

Ambertech 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															0.16	0.13	0.12	0.10	0.10

Ambertech LT-Debt-to-Total-Asset Calculation

Ambertech'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 )
	=	5.198	/	50.754
	=	0.10

Ambertech'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 )
	=	5.198	/	50.754
	=	0.10

Ambertech (ASX:AMO) 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.

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

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Ambertech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ambertech Ltd (ASX:AMO) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

2 Daydream Street, Unit 1, Warriewood, NSW, AUS, 2102

Website

https://www.ambertech.com.au

Ambertech Ltd distributes technology equipment solutions for the professional media, film, recording, live production, and home entertainment markets. The company's operating segment includes Professional; Retail, and Integrated Solutions. It generates maximum revenue from the Integrated Solutions segment. The Integrated Solutions segment includes Distribution and supply of custom installation components for home theatre and commercial installations to dealers and consumers, and the distribution of projection and display products with business and domestic applications. Geographically, it derives a majority of revenue from Australia.

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