FINEOS Holdings (FINEOS Holdings) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is FINEOS Holdings 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. FINEOS Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

FINEOS Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Dec. 2023 (0.02). It may suggest that FINEOS Holdings is progressively becoming less dependent on debt to grow their business.

FINEOS Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for FINEOS Holdings'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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FINEOS Holdings LT-Debt-to-Total-Asset Chart

FINEOS Holdings Annual Data

Trend

Jun20

Jun21

Jun22

LT-Debt-to-Total-Asset

0.05

0.03

0.02

FINEOS Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.06	0.02	0.05	0.02	0.02

FINEOS Holdings LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )	/	Total Assets (A: Jun. 2022 )
	=	4.82	/	236.162
	=	0.02

FINEOS Holdings'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 )
	=	4.498	/	214.075
	=	0.02

FINEOS Holdings (OTCPK:FNCHF) 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.

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FINEOS Holdings (FINEOS Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FINEOS Corp Holdings PLC (OTCPK:FNCHF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0M9:Germany FCL:Australia

Address

East Point Business Park, Alfie Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97

Website

https://www.fineos.com

Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.