Digicore Holdings (JSE:DGC) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2014)

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What is Digicore 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. Digicore Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2014 was 0.01.

Digicore Holdings's long-term debt to total assets ratio declined from Dec. 2013 (0.01) to Dec. 2014 (0.01). It may suggest that Digicore Holdings is progressively becoming less dependent on debt to grow their business.

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

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

Digicore Holdings Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

LT-Debt-to-Total-Asset

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0.01

0.04

0.03

0.02

0.01

Digicore Holdings Semi-Annual Data
	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.02	0.01	0.01	0.01

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

Digicore Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

LT Debt to Total Assets (A: Jun. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2014 )	/	Total Assets (A: Jun. 2014 )
	=	7.99	/	760.36
	=	0.01

Digicore Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (Q: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2014 )	/	Total Assets (Q: Dec. 2014 )
	=	9.329	/	775.198
	=	0.01

Digicore Holdings (JSE:DGC) 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.

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

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Digicore Holdings (JSE:DGC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Digicore Holdings Ltd (JSE:DGC) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.digicore.com

Digicore Holdings Limited provides machine (M2M) communication and telematics solutions. The company researches, designs, develop, manufactures, sells and supports tailored solutions for customers.

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