Fineqia International (Fineqia International) LT-Debt-to-Total-Asset : 0.32 (As of Mar. 2024)

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What is Fineqia International 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. Fineqia International's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.32.

Fineqia International's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.32). It may suggest that Fineqia International is progressively becoming more dependent on debt to grow their business.

Fineqia International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fineqia International'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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Fineqia International LT-Debt-to-Total-Asset Chart

Fineqia International Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.02

0.31

Fineqia International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.62	0.61	0.31	0.32

Fineqia International LT-Debt-to-Total-Asset Calculation

Fineqia International'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 )
	=	0.54	/	1.767
	=	0.31

Fineqia International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0.542	/	1.698
	=

Fineqia International (OTCPK:FNQQF) 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.

Fineqia International LT-Debt-to-Total-Asset Related Terms

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Fineqia International (Fineqia International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fineqia International Inc (OTCPK:FNQQF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

FNQA:Germany FNQ:Canada

Address

57 Berkeley Square, Lansdowne House 1st floor, London, GBR, W1J6ER

Website

https://www.fineqia.com

Fineqia International Inc is a digital asset business that invests in early and growth-stage technology companies at the forefront of the next generation of the internet. The Company operates in the UK, Malta, Liechtenstein, and Canada.