PEXA Group (ASX:PXA) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2024)

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What is PEXA Group 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. PEXA Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.19.

PEXA Group's long-term debt to total assets ratio declined from Dec. 2023 (0.22) to Dec. 2024 (0.19). It may suggest that PEXA Group is progressively becoming less dependent on debt to grow their business.

PEXA Group LT-Debt-to-Total-Asset Historical Data

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

PEXA Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.19

0.18

0.21

PEXA Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.18	0.18	0.22	0.21	0.19

PEXA Group LT-Debt-to-Total-Asset Calculation

PEXA Group'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 )
	=	372.362	/	1780.5
	=	0.21

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	316.877	/	1689.678
	=	0.19

PEXA Group (ASX:PXA) 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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PEXA Group Business Description

Industry

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Traded in Other Exchanges

N/A

Address

727 Collins Street, Tower Four, Collins Square, Level 16, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.pexa.com.au

Pexa is an exchange business for the digital settlement and lodgment of property transactions. Pexa holds a virtual monopoly on digital settlement and lodgment in Australia, at around 99% market share, due to the business historically being supported by government mandates. Pexa is looking to expand overseas and has entered the United Kingdom market. Pexa is also looking to expand into adjacent products and services, principally in analytics.

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