Eqonex (Eqonex) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2022)

View and export this data going back to 2020. Start your Free Trial

What is Eqonex 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. Eqonex's long-term debt to total assests ratio for the quarter that ended in Mar. 2022 was 0.11.

Eqonex's long-term debt to total assets ratio increased from Mar. 2021 (0.00) to Mar. 2022 (0.11). It may suggest that Eqonex is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Eqonex'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.

Eqonex LT-Debt-to-Total-Asset Chart

Eqonex Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

LT-Debt-to-Total-Asset

0.14

0.05

0.11

Eqonex Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.05	-	-	0.04	0.11

Eqonex LT-Debt-to-Total-Asset Calculation

Eqonex's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (A: Mar. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2022 )	/	Total Assets (A: Mar. 2022 )
	=	6.77	/	61.277
	=	0.11

Eqonex's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

LT Debt to Total Assets (Q: Mar. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2022 )	/	Total Assets (Q: Mar. 2022 )
	=	6.77	/	61.277
	=	0.11

Eqonex (OTCPK:EQOSQ) 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.

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

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

Eqonex (Eqonex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Eqonex Ltd (OTCPK:EQOSQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Piccadilly, Mayfair, London, GBR, W1J 7NW

Website

https://www.eqonex.com

Eqonex Ltd is a digital assets financial services company focused on delivering a cryptocurrency and digital assets ecosystem. The company offers services related to Exchange and Trading, Capital Markets, Custody, and Asset Management.