Bravura Solutions (ASX:BVS) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

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What is Bravura Solutions 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. Bravura Solutions's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Bravura Solutions's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.09). It may suggest that Bravura Solutions is progressively becoming more dependent on debt to grow their business.

Bravura Solutions LT-Debt-to-Total-Asset Historical Data

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

Bravura Solutions Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.08

0.06

0.05

0.08

Bravura Solutions Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.06	0.05	0.07	0.08	0.09

Bravura Solutions LT-Debt-to-Total-Asset Calculation

Bravura Solutions'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 )
	=	20.67	/	254.472
	=	0.08

Bravura Solutions'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 )
	=	20.346	/	238.73
	=	0.09

Bravura Solutions (ASX:BVS) 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.

Bravura Solutions LT-Debt-to-Total-Asset Related Terms

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Bravura Solutions (ASX:BVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bravura Solutions Ltd (ASX:BVS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BRA:Germany

Address

345 George Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.bravurasolutions.com

Bravura Solutions Ltd is engaged in the development, licensing and maintenance of highly specialized administration and management software applications as well as the provision of professional consulting services. It has two operating segments: Wealth Management and Funds Administration. The company generates maximum revenue from the Wealth Management segment. Wealth Management segment platforms provide end-to-end processing to support all back-office functions relating to the daily management of superannuation, pensions, life insurance, investment, private wealth and portfolio administration. Geographically, it derives a majority of revenue from Australia and also has a presence in the UK, New Zealand, and Other Countries.