Spectur (ASX:SP3) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is Spectur 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. Spectur's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

Spectur's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.11). It may suggest that Spectur is progressively becoming less dependent on debt to grow their business.

Spectur LT-Debt-to-Total-Asset Historical Data

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

Spectur Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.06

0.04

0.24

0.25

0.15

Spectur Semi-Annual Data
	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	0.25	0.12	0.15	0.11

Spectur LT-Debt-to-Total-Asset Calculation

Spectur'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 )
	=	0.686	/	4.564
	=	0.15

Spectur'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 )
	=	0.491	/	4.433
	=	0.11

Spectur (ASX:SP3) 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.

Spectur LT-Debt-to-Total-Asset Related Terms

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Spectur Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spectur Ltd (ASX:SP3) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

12 Fargo Way, Welshpool, WA, AUS, 6106

Website

https://www.spectur.com.au

Spectur Ltd develops, manufactures, and sells solar-powered and remotely connected hardware, and writes firmware, software, cloud, and web apps that enable solutions to be delivered reliably and securely to customers. The Company also provides a selection of third-party hardware and software to supplement its in-house capabilities. The company provides security, safety, environmental monitoring, and visual AI solutions that contribute to making communities safer, smarter, and more sustainable.

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