AltiGen Communications (AltiGen Communications) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is AltiGen Communications 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. AltiGen Communications's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

AltiGen Communications's long-term debt to total assets ratio declined from Sep. 2022 (0.01) to Dec. 2023 (0.01). It may suggest that AltiGen Communications is progressively becoming less dependent on debt to grow their business.

AltiGen Communications LT-Debt-to-Total-Asset Historical Data

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

AltiGen Communications Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.04

0.03

0.01

AltiGen Communications Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	-	0.01

AltiGen Communications LT-Debt-to-Total-Asset Calculation

AltiGen Communications's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	0	/	13.921
	=	0.00

AltiGen Communications'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 )
	=	0.084	/	13.462
	=	0.01

AltiGen Communications (OTCPK:ATGN) 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.

AltiGen Communications LT-Debt-to-Total-Asset Related Terms

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AltiGen Communications (AltiGen Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » AltiGen Communications Inc (OTCPK:ATGN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

670 N McCarthy Boulevard, Suite 200, Milpitas, CA, USA, 95035

Website

https://www.altigen.com

AltiGen Communications Inc is a provider of cloud-based Internet Protocol-private branch exchange (IP-PBX) and Contact Center solutions. The company designs, delivers, and supports Voice over Internet Protocol (VoIP) phone systems and call center solutions. Its Unified Communications solutions are designed with an open architecture and its integrated Internet protocol (IP) applications suite provides customers with a business communications solution. It derives a majority of its revenue from the Hosted services.

Executives

Jeremiah Fleming	officer: President & COO	4555 CUSHING PARKWAY, FREMONT CA 94538
Miller Lloyd I Iii	10 percent owner
Gilbert Hu	director, officer: Chief Executive Officer
Wanger Long Term Opportunity Fund Ii, Lp	10 percent owner	401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Alan Bradley Howe	director	1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Wltof Gp Llc	10 percent owner	401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Philip M Mcdermott	officer: Chief Financial Officer
Wanger Investment Mangagement, Llc	director	401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Eric Wanger	director	401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Michael E Plumer	officer: VP of Sales	213 RYDER STREET, SAN MATEO CA 94401
Tsai Mike Mon Yen	director	28620 MATADERO CREEK COURT, LOS ALTOS CA 94022
Tacheng Wang	director	27101 HORSESHOE LANE, LOS ALTOS HILLS CA 94022
Kenneth Tai	director	C/O ALTIGEN COMMUNICATIONS INC, 47429 FREMONT BLVD, FREMONT CA 94538
Sun Shirley Tsyr Yi	officer: VP of Research & Development