Wise (FRA:6WS) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Wise 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. Wise's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Wise's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Wise is progressively becoming more dependent on debt to grow their business.

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

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

Wise Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.02

0.01

Wise Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.02	-	-	-	-

Wise LT-Debt-to-Total-Asset Calculation

Wise's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	17.301	/	17695.563
	=	0.00

Wise'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 )
	=	50.413	/	19675.409
	=	0.00

Wise (FRA:6WS) 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.

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

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Wise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (FRA:6WS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WIZEY:USA WPLCF:USA WISEl:UK WISE:UK 6WS:Germany

Address

56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ

Website

https://www.wise.com

Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.

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