OtherLevels Holdings (ASX:OLV) LT-Debt-to-Total-Asset : 0.68 (As of Dec. 2019)

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What is OtherLevels 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. OtherLevels Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 0.68.

OtherLevels Holdings's long-term debt to total assets ratio increased from Dec. 2018 (0.51) to Dec. 2019 (0.68). It may suggest that OtherLevels Holdings is progressively becoming more dependent on debt to grow their business.

OtherLevels Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for OtherLevels 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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OtherLevels Holdings LT-Debt-to-Total-Asset Chart

OtherLevels Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

LT-Debt-to-Total-Asset

0.25

0.54

0.52

OtherLevels Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.46	0.54	0.51	0.52	0.68

OtherLevels Holdings LT-Debt-to-Total-Asset Calculation

OtherLevels Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (A: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2019 )	/	Total Assets (A: Jun. 2019 )
	=	3.881	/	7.42
	=	0.52

OtherLevels Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (Q: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2019 )	/	Total Assets (Q: Dec. 2019 )
	=	4.448	/	6.544
	=	0.68

OtherLevels Holdings (ASX:OLV) 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.

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OtherLevels Holdings (ASX:OLV) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

235 Edward Street, Level 1, Brisbane, QLD, AUS, 4000

Website

http://www.otherlevels.com

OtherLevels Holdings Ltd provides mobile marketing solutions. It operates a digital marketing Software-as-a-Service business that enables enterprises to communicate with its users on mobile and smart devices. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Australia and the United States. The company generates revenue from Licences; Managed Services; Professional Services and Other income. It provides platforms such as Web and App Messaging, Location Messaging, Event Messaging, Intelligent Messaging, and In-Play Messaging.

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