Assurance Healthcare (FRA:7IQ) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Assurance Healthcare 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. Assurance Healthcare's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Assurance Healthcare's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.01). It may suggest that Assurance Healthcare is progressively becoming less dependent on debt to grow their business.

Assurance Healthcare LT-Debt-to-Total-Asset Historical Data

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

Assurance Healthcare Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.09

0.16

0.02

0.01

Assurance Healthcare Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.05	0.02	0.01	0.01

Assurance Healthcare LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	0.045	/	5.477
	=	0.01

Assurance Healthcare'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 )
	=	0.045	/	5.477
	=	0.01

Assurance Healthcare (FRA:7IQ) 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.

Assurance Healthcare LT-Debt-to-Total-Asset Related Terms

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Assurance Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Assurance Healthcare Ltd (FRA:7IQ) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

RCU:Singapore

Address

20 Collyer Quay, No. 11-07, Singapore, SGP, 049319

Website

https://www.revezcorp.com

Assurance Healthcare Ltd, formerly Revez Corp Ltd is an investment holding company. It has two operating segments Managed healthcare solutions segment includes providing managed healthcare solutions to corporations by establishing an extensive network of medical service providers to deliver healthcare services to the employees of corporations. and Corporate segment consists of investment holding company which does not meet any of the quantitative threshold for determining a reportable operating segment.

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