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Logicom Public (CYS:LOG) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)


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

Logicom Public's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.02). It may suggest that Logicom Public is progressively becoming more dependent on debt to grow their business.


Logicom Public LT-Debt-to-Total-Asset Historical Data

The historical data trend for Logicom Public'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.

Logicom Public LT-Debt-to-Total-Asset Chart

Logicom Public Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.05 0.04 0.04

Logicom Public Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.04 0.02 0.02 0.02

Logicom Public LT-Debt-to-Total-Asset Calculation

Logicom Public'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 )
=24.115/666.544
=0.04

Logicom Public'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 )
=13.745/683.578
=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.


Logicom Public  (CYS:LOG) 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.


Logicom Public LT-Debt-to-Total-Asset Related Terms

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Logicom Public Business Description

Traded in Other Exchanges
N/A
Address
Stasinou 26, Ayia Paraskevi Strovolos, Nicosia, CYP, 2003
Logicom Public Ltd is engaged in the distribution of technology products and services. In addition, it is also involved in the provision of integrated information technology networking, telecom, and business software solutions, and the execution of infrastructure projects in the areas of water, power, and gas. The company operates through two segments namely the Distribution segment and the Services segment. The Distribution segment includes the distribution of its technology products in the European, United Arab Emirates, and Saudi Arabia markets. The Services segment operates in the provision of solutions and services for networks and telecommunications, and software to customers in Cyprus and abroad.

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