IncentiaPay (ASX:INP) LT-Debt-to-Total-Asset : 5.39 (As of Dec. 2023)

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What is IncentiaPay 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. IncentiaPay's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 5.39.

IncentiaPay's long-term debt to total assets ratio increased from Dec. 2022 (2.56) to Dec. 2023 (5.39). It may suggest that IncentiaPay is progressively becoming more dependent on debt to grow their business.

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

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

IncentiaPay Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.01

0.18

0.05

0.38

3.94

IncentiaPay Semi-Annual Data
	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														0.03	0.38	2.56	3.94	5.39

IncentiaPay LT-Debt-to-Total-Asset Calculation

IncentiaPay'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 )
	=	18.451	/	4.68
	=	3.94

IncentiaPay'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 )
	=	20.998	/	3.897
	=	5.39

IncentiaPay (ASX:INP) 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.

IncentiaPay LT-Debt-to-Total-Asset Related Terms

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IncentiaPay (ASX:INP) Business Description

Industry

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

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Traded in Other Exchanges

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Address

65 York Street, Level 8, Suite 8, Sydney, NSW, AUS, 2000

Website

https://www.incentiapay.com

IncentiaPay Ltd is Entertainment, Lifestyle and Rewards Platform Operator for individuals and enterprises in Australia and New Zealand. Incentiapay operates through 4 business verticals namely Entertainment Membership (Digital Membership Program providing access to offers), Frequent Values (Fully managed loyalty and rewards programs for enterprises to offer to employees and customers), Seamless Rewards (Card Linked Offer compatible Merchant content services) and eCommerce Platforms (Loyalty centered eCommerce Platform for Entertainment Audience).

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