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Upexi (FRA:7TQ) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2023)


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What is Upexi 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. Upexi's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.20.

Upexi's long-term debt to total assets ratio declined from Dec. 2022 (0.32) to Dec. 2023 (0.20). It may suggest that Upexi is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Upexi'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.

* Premium members only.

Upexi LT-Debt-to-Total-Asset Chart

Upexi Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
- 0.11 0.01 0.20 0.26

Upexi Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.26 0.26 0.27 0.20

Upexi LT-Debt-to-Total-Asset Calculation

Upexi's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=15.146/58.936
=0.26

Upexi'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 )
=11.409/57.002
=0.20

* 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.


Upexi  (FRA:7TQ) 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.


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

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Upexi (FRA:7TQ) Business Description

Traded in Other Exchanges
Address
3030 North Rocky Point Drive, Tampa, FL, USA, 33607
Upexi Inc is an innovator in aggregation, accelerating Amazon and eCommerce businesses by combining consumer data and vertical integration to scale brands in multiple industries, while lowering costs with a growing distribution network.

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