Dicker Data (ASX:DDR) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Dicker Data 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. Dicker Data's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Dicker Data's long-term debt to total assets ratio declined from Dec. 2022 (0.06) to Dec. 2023 (0.02). It may suggest that Dicker Data is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Dicker Data'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.

Dicker Data LT-Debt-to-Total-Asset Chart

Dicker Data Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.07

0.06

0.02

Dicker Data Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															0.07	0.07	0.06	0.02	0.02

Dicker Data LT-Debt-to-Total-Asset Calculation

Dicker Data's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	19.631	/	927.033
	=	0.02

Dicker Data'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 )
	=	19.631	/	927.033
	=	0.02

Dicker Data (ASX:DDR) 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.

Dicker Data LT-Debt-to-Total-Asset Related Terms

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

Dicker Data (ASX:DDR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

D0D:Germany

Address

238 Captain Cook Drive, Kurnell, Sydney, NSW, AUS, 2231

Website

https://www.dickerdata.com.au

Dicker Data Ltd is engaged in the wholesale distribution of computer hardware, software, and related products. The business is geographically organized into Australia and New Zealand and generates maximum revenue in Australia.

Dicker Data (ASX:DDR) Headlines

No Headlines