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Felix Group Holdings (ASX:FLX) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)


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What is Felix Group Holdings 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. Felix Group Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Felix Group Holdings's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.00). It may suggest that Felix Group Holdings is progressively becoming less dependent on debt to grow their business.


Felix Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Felix Group Holdings'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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Felix Group Holdings LT-Debt-to-Total-Asset Chart

Felix Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
0.01 - - 0.01 -

Felix Group Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.01 0.01 0.01 -

Felix Group Holdings LT-Debt-to-Total-Asset Calculation

Felix Group Holdings'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 )
=0.013/6.056
=0.00

Felix Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0.013/6.056
=0.00

* 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.


Felix Group Holdings  (ASX:FLX) 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.


Felix Group Holdings LT-Debt-to-Total-Asset Related Terms

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Felix Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Unit 1F, 24 Macquarie Street, Teneriffe, Brisbane, QLD, AUS, 4006
Felix Group Holdings Ltd is an online construction marketplace for people to list, find, and hire equipment and subcontractors. The solutions offered by the company include Vendor Management, Sourcing, Contracts, c, and APIs and integrations. The company generates maximum revenue from Enterprise Saas (Contractors) Revenue.

Felix Group Holdings Headlines