Beforepay Group (ASX:B4P) LT-Debt-to-Total-Asset : 0.50 (As of Dec. 2024)

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What is Beforepay 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. Beforepay Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.50.

Beforepay Group's long-term debt to total assets ratio increased from Dec. 2023 (0.48) to Dec. 2024 (0.50). It may suggest that Beforepay Group is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Beforepay 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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Beforepay Group LT-Debt-to-Total-Asset Chart

Beforepay Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.11

0.36

0.51

Beforepay Group Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.48	-	0.48	0.51	0.50

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

Beforepay 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 )
	=	37.726	/	73.492
	=	0.51

Beforepay 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 )
	=	39.235	/	78.141
	=	0.50

Beforepay Group (ASX:B4P) 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.

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Beforepay Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beforepay Group Ltd (ASX:B4P) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Castlereagh Street, Suite 1, Level 9, Sydney, NSW, AUS, 2000

Website

https://www.beforepay.com.au

Beforepay Group Ltd operates in the pay-on-demand industry. It offers an app that helps users access their Pay On-Demand, track their spending habits, and learn how to budget.

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