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Movella Holdings (FRA:Z5K) LT-Debt-to-Total-Asset : 0.38 (As of Jun. 2023)


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What is Movella 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. Movella Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.38.

Movella Holdings's long-term debt to total assets ratio increased from Mar. 2022 (0.00) to Jun. 2023 (0.38). It may suggest that Movella Holdings is progressively becoming more dependent on debt to grow their business.


Movella Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Movella 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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Movella Holdings LT-Debt-to-Total-Asset Chart

Movella Holdings Annual Data
Trend Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.04 0.03 0.10

Movella Holdings Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.17 0.10 0.31 0.38

Movella Holdings LT-Debt-to-Total-Asset Calculation

Movella Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=30.052/310.383
=

Movella Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=49.281/129.697
=0.38

* 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.


Movella Holdings  (FRA:Z5K) 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.


Movella Holdings LT-Debt-to-Total-Asset Related Terms

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Movella Holdings (FRA:Z5K) Business Description

Traded in Other Exchanges
Address
3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.

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