Aquis Entertainment (ASX:AQS) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2023)

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What is Aquis Entertainment 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. Aquis Entertainment's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.00.

Aquis Entertainment's long-term debt to total assets ratio declined from Jun. 2022 (1.45) to Jun. 2023 (0.00). It may suggest that Aquis Entertainment is progressively becoming less dependent on debt to grow their business.

Aquis Entertainment LT-Debt-to-Total-Asset Historical Data

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

Aquis Entertainment Annual Data

Trend

Jun13

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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1.58

1.88

1.81

1.68

Aquis Entertainment Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.83	1.68	1.45	-	-

Aquis Entertainment LT-Debt-to-Total-Asset Calculation

Aquis Entertainment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0	/	26.123
	=

Aquis Entertainment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	0	/	35.432
	=

Aquis Entertainment (ASX:AQS) 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.

Aquis Entertainment LT-Debt-to-Total-Asset Related Terms

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Aquis Entertainment (ASX:AQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aquis Entertainment Ltd (ASX:AQS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Binara Street, Canberra, ACT, AUS, 2601

Website

https://www.aquisentertainment.com

Aquis Entertainment Ltd specializes in the development and operation of integrated resort projects that concentrate a wide range of tourism-oriented attractions into single, large-scale facilities. The company's only segment includes the gaming and entertainment industry in Australia. It owns Casino Canberra.

Aquis Entertainment (ASX:AQS) Headlines

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