Alfa Financial Software Holdings (FRA:A9F) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

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What is Alfa Financial Software 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. Alfa Financial Software Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Alfa Financial Software Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.11) to Dec. 2023 (0.09). It may suggest that Alfa Financial Software Holdings is progressively becoming less dependent on debt to grow their business.

Alfa Financial Software Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alfa Financial Software 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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Alfa Financial Software Holdings LT-Debt-to-Total-Asset Chart

Alfa Financial Software Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.17

0.18

0.11

0.09

Alfa Financial Software Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.18	0.17	0.11	0.09	0.09

Alfa Financial Software Holdings LT-Debt-to-Total-Asset Calculation

Alfa Financial Software Holdings'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 )
	=	7.893	/	87.173
	=	0.09

Alfa Financial Software 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 )
	=	7.893	/	87.173
	=	0.09

Alfa Financial Software Holdings (FRA:A9F) 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.

Alfa Financial Software Holdings LT-Debt-to-Total-Asset Related Terms

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Alfa Financial Software Holdings (FRA:A9F) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Alfa Financial Software Holdings PLC (FRA:A9F) » Definitions » LT-Debt-to-Total-Asset

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ALFAl:UK ALFA:UK

Address

1 Fore Street Avenue, Moor Place, London, GBR, EC2Y 9DT

Website

https://www.alfasystems.com

Alfa Financial Software Holdings PLC is a Developer of software systems and services designed for the global asset and automotive finance industry. The company's technology platform supports both retail and corporate business for auto, equipment, wholesale, and dealer finance on a multijurisdictional basis, including leases/loans, originations, and servicing, enabling finance companies to find compelling solutions.

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