Excite Technology Services (ASX:EXT) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Excite Technology Services 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. Excite Technology Services's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Excite Technology Services's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.08). It may suggest that Excite Technology Services is progressively becoming more dependent on debt to grow their business.

Excite Technology Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Excite Technology Services'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.

Excite Technology Services LT-Debt-to-Total-Asset Chart

Excite Technology Services Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.04

0.08

Excite Technology Services Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.04	0.04	0.08	0.08

Excite Technology Services LT-Debt-to-Total-Asset Calculation

Excite Technology Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0.415	/	4.971
	=	0.08

Excite Technology Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0.415	/	5.54
	=	0.07

Excite Technology Services (ASX:EXT) 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.

Excite Technology Services LT-Debt-to-Total-Asset Related Terms

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

Excite Technology Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excite Technology Services Ltd (ASX:EXT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

157 Walker Street, Suite 2.01, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.cipherpoint.com

Excite Technology Services Ltd is a provider of software solutions. It is engaged in the development and commercialization of intellectual property in the field of data security technology. It helps businesses to discover, protect, and control sensitive information through platforms. The company serves the defense, education, financial services, government, healthcare, human resources, and legal industries. The group has a business presence in the USA, Australasia, the UK, Germany, and Singapore.

Excite Technology Services Headlines

No Headlines