APM Human Services International Pty (ASX:APM) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is APM Human Services International Pty 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. APM Human Services International Pty's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.32.

APM Human Services International Pty's long-term debt to total assets ratio increased from Dec. 2022 (0.31) to Dec. 2023 (0.32). It may suggest that APM Human Services International Pty is progressively becoming more dependent on debt to grow their business.

APM Human Services International Pty LT-Debt-to-Total-Asset Historical Data

The historical data trend for APM Human Services International Pty'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.

APM Human Services International Pty LT-Debt-to-Total-Asset Chart

APM Human Services International Pty Annual Data

Trend

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

0.26

0.24

0.31

APM Human Services International Pty Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	0.26	0.24	0.31	0.31	0.32

APM Human Services International Pty LT-Debt-to-Total-Asset Calculation

APM Human Services International Pty's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	962.974	/	3146.815
	=	0.31

APM Human Services International Pty's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	978.318	/	3048.2
	=	0.32

APM Human Services International Pty (ASX:APM) 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.

APM Human Services International Pty LT-Debt-to-Total-Asset Related Terms

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

APM Human Services International Pty (ASX:APM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » APM Human Services International Pty (ASX:APM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 Ord Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.apm.net.au

APM Human Services International, on behalf of government bodies, provides services to assist job seekers in finding suitable employment, particularly those with a disability, injury, or illness. Services include job search assistance, vocational training, postplacement support, and allied health services such as rehabilitation and mental health. APM earns roughly 50% of revenue from Australia, 30% from Europe, 15% from North America, and the remaining 5% from New Zealand, Singapore, and South Korea.