Zicom Group (ASX:ZGL) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is Zicom 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. Zicom Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Zicom Group's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.04). It may suggest that Zicom Group is progressively becoming less dependent on debt to grow their business.

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

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

Zicom Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.06

0.08

0.09

0.08

0.05

Zicom Group Semi-Annual Data
	Jun15	Dec15	Jun16	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															0.09	0.08	0.07	0.05	0.04

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

Zicom 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 )
	=	8.054	/	154.766
	=	0.05

Zicom 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 )
	=	6.951	/	197.221
	=	0.04

Zicom Group (ASX:ZGL) 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.

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

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Zicom Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zicom Group Ltd (ASX:ZGL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Goodman Place, Murarrie, Brisbane, QLD, AUS, 4172

Website

http://www.zicomgroup.com

Zicom Group Ltd is engaged in the manufacturing of deck machinery, gas metering stations, gas processing plants, foundation equipment, concrete mixers and precision engineered machinery, rental of foundation equipment, supply of automation products and solutions, supply of medtech equipment and products, medtech translation services and services to the offshore marine, oil and gas, construction, electronics, biomedical and agriculture industries. It operates through the following segments: Green Energy, Gas & Marine Equipment, Construction Equipment, Precision Engineering and Technologies, and Industrial and Mobile Hydraulics.

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