Edge Total Intelligence (FRA:Q5I) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2024)

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What is Edge Total Intelligence 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. Edge Total Intelligence's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.20.

Edge Total Intelligence's long-term debt to total assets ratio declined from Sep. 2023 (2.25) to Sep. 2024 (0.20). It may suggest that Edge Total Intelligence is progressively becoming less dependent on debt to grow their business.

Edge Total Intelligence LT-Debt-to-Total-Asset Historical Data

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

Edge Total Intelligence Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.59

0.49

0.32

Edge Total Intelligence Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															2.25	0.32	0.44	0.56	0.20

Edge Total Intelligence LT-Debt-to-Total-Asset Calculation

Edge Total Intelligence'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 )
	=	0.799	/	2.516
	=	0.32

Edge Total Intelligence'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 )
	=	0.929	/	4.565
	=	0.20

Edge Total Intelligence (FRA:Q5I) 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.

Edge Total Intelligence LT-Debt-to-Total-Asset Related Terms

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Edge Total Intelligence Business Description

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Address

1501 Lee Highway, Suite 301, Arlington, New York, NY, USA, 22209

Website

https://www.edgeti.com

Edge Total Intelligence Inc operates as a software company delivering increased operational resilience, agility, and efficiency. The company's low-code rapid development software, edgeCore, securely unifies control and intelligence without creating new data stores or uprooting existing systems. Configurable pipelines and visualizations transform siloed systems into composable operations that meet the needs of users and evolving business situations. Edge Total Intelligence serves customers world wide. The company generates the majority of its revenue from Subscription software licenses. The company also generates revenue from Professional consulting services.

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