RPMGlobal Holdings (ASX:RUL) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is RPMGlobal 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. RPMGlobal Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

RPMGlobal Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.08) to Dec. 2023 (0.05). It may suggest that RPMGlobal Holdings is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for RPMGlobal 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.

* Premium members only.

RPMGlobal Holdings LT-Debt-to-Total-Asset Chart

RPMGlobal Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.01

0.06

RPMGlobal Holdings Semi-Annual Data
	Jun14	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															0.02	0.01	0.08	0.06	0.05

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

RPMGlobal Holdings'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 )
	=	6.537	/	115.103
	=	0.06

RPMGlobal Holdings'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 )
	=	5.634	/	105.604
	=	0.05

RPMGlobal Holdings (ASX:RUL) 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.

RPMGlobal Holdings LT-Debt-to-Total-Asset Related Terms

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

RPMGlobal Holdings (ASX:RUL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RPGHF:USA 4Q3:Germany

Address

310 Ann Street, Level 14, Brisbane, QLD, AUS, 4000

Website

https://www.rpmglobal.com

RPMGlobal Holdings Ltd engages in the provision of advisory consulting, technology, and professional development solutions to the mining industry. Its segments include Software Division and Advisory Division Software Division which accounts for majority revenue provides software offerings, including maintenance, training and implementation services to mining companies. Advisory Division provides consulting and advisory services, which cover technical and economic analysis, and assessment of mining activities and resources on behalf of mining companies, to mining companies and projects.

RPMGlobal Holdings (ASX:RUL) Headlines

No Headlines