EXTR (Extreme Networks) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2024)

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What is Extreme Networks 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. Extreme Networks's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.19.

Extreme Networks's long-term debt to total assets ratio declined from Dec. 2023 (0.20) to Dec. 2024 (0.19). It may suggest that Extreme Networks is progressively becoming less dependent on debt to grow their business.

Extreme Networks LT-Debt-to-Total-Asset Historical Data

The historical data trend for Extreme Networks'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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Extreme Networks LT-Debt-to-Total-Asset Chart

Extreme Networks Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.45

0.35

0.28

0.19

0.21

Extreme Networks Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.21	0.21	0.20	0.19

Extreme Networks LT-Debt-to-Total-Asset Calculation

Extreme Networks'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 )
	=	219.731	/	1042.594
	=	0.21

Extreme Networks'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 )
	=	208.86	/	1080.944
	=	0.19

Extreme Networks (NAS:EXTR) 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.

Extreme Networks LT-Debt-to-Total-Asset Related Terms

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Extreme Networks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Extreme Networks Inc (NAS:EXTR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0IJW:UK EXM:Germany

Address

2121 RDU Center Drive, Suite 300, Morrisville, NC, USA, 27560

Website

https://www.extremenetworks.com

Extreme Networks Inc provides cloud networking solutions and industry services and support. Extreme designs, develops, and manufactures wired, wireless, and software-defined wide area-network (SD- WAN) infrastructure equipment, software and cloud-based network management solutions. The company's cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. The company operates in a single segment which develops and markets network infrastructure equipment. Roughly half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.

Executives

Edward Meyercord	director, officer: President and CEO	C/O TALK AMERICA HOLDINGS INC, 12020 SUNRISE VALLEY DR, STE. 1500, RESTON VA 20191
Katayoun Motiey	officer: EVP General Counsel and Corpor	C/O EXTREME NETWORKS, INC, 145 RIO ROBLES, SAN JOSE CA 95134
Charles Carinalli	director
Raj Khanna	director	145 RIO ROBLES, SAN JOSE CA 94134
Ingrid Burton	director	1011 MCCARTHY BOULEVARD --, MILPITAS CA 95035
Joseph A Vitalone	officer: Chief Revenue Officer	CO SHORETEL INC, 960 STEWART DRIVE, SUNNYVALE CA 94085
Kevin R Rhodes	officer: EVP Chief Financial Officer	20 HARVARD MILLS SQUARE, WAKEFIELD MA 01880
Edward H Kennedy	director	C/O TELLABS OPERATIONS INC, 1415 W DIEHL ROAD, NAPERVILLE IL 60563
Cristina Camahort Tate	officer: Interim CFO	C/O EXTREME NETWORKS, INC., 2121 RDU CENTER DRIVE SUITE 300, MORRISVILLE NC 27560
Remi Thomas	officer: EVP Chief Financial Officer	6480 VIA DEL ORO, SAN JOSE CA 95119
Kathleen M Holmgren	director	C/O EXTREME NETWORKS, INC, 145 RIO ROBLES, SAN JOSE CA 95134
John C Shoemaker	director	1143 BORREGAS AVENUE, SUNNYVALE CA 94089
Robert J Gault	officer: EVP Global Sales, Channel, Svc	C/O EXTREME NETWORKS, INC, 145 RIO ROBLES, SAN JOSE CA 95134
Matthew Howard Cleaver	officer: Interim CFO	6480 VIA DEL ORO, SAN JOSE CA 95119
Maryam Alexandrian-adams	director	516 WELLS COURT, SAN RAMON CA 94582