RooLife Group (ASX:RLG) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is RooLife 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. RooLife Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

RooLife Group's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.03). It may suggest that RooLife Group is progressively becoming more dependent on debt to grow their business.

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

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

RooLife Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.04

RooLife Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												-	-	0.02	0.04	0.03

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

RooLife 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 )
	=	0.2	/	5.097
	=	0.04

RooLife 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 )
	=	0.153	/	4.797
	=	0.03

RooLife Group (ASX:RLG) 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.

RooLife Group LT-Debt-to-Total-Asset Related Terms

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RooLife Group Business Description

Industry

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

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Address

1138 Hay Street, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.roolifegroup.com.au

RooLife Group Ltd is engaged in the provision of fully integrated digital marketing and customer acquisition services driving online sales of products and services. Powered by its hyper-personalization and profiling Artificial Intelligence System, the company provides personalized real-time, targeted marketing, with a key focus on driving sales via its e-commerce marketplaces, enabling businesses to sell directly to consumers. The company focuses on markets and sells food, beverage and health and wellness products in the markets it operates in and also sells its own health and food brand. Geographically, the company generates maximum revenue from China.

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