Shekel Brainweigh (ASX:SBW) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

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What is Shekel Brainweigh 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. Shekel Brainweigh's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Shekel Brainweigh's long-term debt to total assets ratio declined from Dec. 2022 (0.46) to Dec. 2023 (0.23). It may suggest that Shekel Brainweigh is progressively becoming less dependent on debt to grow their business.

Shekel Brainweigh LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shekel Brainweigh'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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Shekel Brainweigh LT-Debt-to-Total-Asset Chart

Shekel Brainweigh Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.10

0.51

0.46

0.23

Shekel Brainweigh Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.51	0.22	0.46	0.25	0.23

Shekel Brainweigh LT-Debt-to-Total-Asset Calculation

Shekel Brainweigh's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	7.575	/	33.231
	=	0.23

Shekel Brainweigh'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 )
	=	7.575	/	33.231
	=	0.23

Shekel Brainweigh (ASX:SBW) 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.

Shekel Brainweigh LT-Debt-to-Total-Asset Related Terms

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Shekel Brainweigh (ASX:SBW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shekel Brainweigh Ltd (ASX:SBW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Beit Keshet, Lower Galilee Mobile Mail, Nazareth, ISR, 1524700

Website

https://www.shekelbrainweigh.com

Shekel Brainweight Ltd is engaged in developing, manufacturing, and distributing weighing systems for the retail, healthcare, and industrial markets. The company has three reportable segments which include Retail, Healthcare, and Industry. The majority of revenue derives from the Healthcare and Retail segment.

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