GURUFOCUS.COM » STOCK LIST » Technology » Software » Alpha Technology Group Ltd (NAS:ATGL) » Definitions » LT-Debt-to-Total-Asset

ATGL (Alpha Technology Group) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Alpha Technology 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. Alpha Technology Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Alpha Technology Group's long-term debt to total assets ratio declined from Sep. 2023 (0.03) to Sep. 2024 (0.02). It may suggest that Alpha Technology Group is progressively becoming less dependent on debt to grow their business.

Alpha Technology Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alpha Technology 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.

* Premium members only.

Alpha Technology Group LT-Debt-to-Total-Asset Chart

Alpha Technology Group Annual Data
Trend Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
0.53 0.26 0.03 0.02

Alpha Technology Group Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.26 0.03 0.03 0.01 0.02

Alpha Technology Group LT-Debt-to-Total-Asset Calculation

Alpha Technology Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )/Total Assets (A: Sep. 2024 )
=0.17/7.678
=0.02

Alpha Technology Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=0.17/7.678
=0.02

* 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.

Alpha Technology Group  (NAS:ATGL) 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.

Alpha Technology Group LT-Debt-to-Total-Asset Related Terms

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

Alpha Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Alpha Technology Group Ltd (NAS:ATGL) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
RXT CGNT OSPN IIIV RPAY GCT IMXI GRRR RZLV YEXT MSFT ORCL PLTR PANW CRWD FTNT SNPS XAMS:ADYEN NET XYZ
Traded in Other Exchanges
N/A
Address
52 Hung To Road, Unit B, 12th floor, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.alphatechnologys.com
Alpha Technology Group Ltd operates through its subsidiaries, which are established cloud-based IT solution service providers in Hong Kong. Its Operating Subsidiaries utilize its analytic skills, programming skills, artificial intelligence technologies and technological know-how to provide comprehensive solutions designed to optimize the business performance of customers, meet various industry-specific operational challenges of customers and create new business opportunities for customers. The Operating Subsidiaries provide services for customers from a variety of industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.