IXUP (ASX:IXU) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is IXUP 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. IXUP's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.13.

IXUP's long-term debt to total assets ratio declined from Jun. 2023 (0.37) to Jun. 2024 (0.13). It may suggest that IXUP is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for IXUP'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.

IXUP LT-Debt-to-Total-Asset Chart

IXUP Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.37

0.13

IXUP Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.01	0.02	0.37	0.66	0.13

IXUP LT-Debt-to-Total-Asset Calculation

IXUP'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 )
	=	0.867	/	6.719
	=	0.13

IXUP'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 )
	=	0.867	/	6.719
	=	0.13

IXUP (ASX:IXU) 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.

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

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

IXUP Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 High Street, Suite 1004, Building 10, Sub Base Platypus, Sydney, NSW, AUS, 2060

Website

https://www.ixup.com

IXUP Ltd is an Australian software company, engages in the data collaboration and encryption platform system. Its platform enables organizations to collaborate using their own, and other organization's data to enable actionable insights to make business decisions. The company's product includes IXUP-as-a-Service.

IXUP Headlines

No Headlines