Nutun (JSE:TCP) LT-Debt-to-Total-Asset : 0.48 (As of Sep. 2024)

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What is Nutun 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. Nutun's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.48.

Nutun's long-term debt to total assets ratio increased from Sep. 2023 (0.43) to Sep. 2024 (0.48). It may suggest that Nutun is progressively becoming more dependent on debt to grow their business.

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

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

Nutun Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.50

0.36

0.56

0.43

0.48

Nutun Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.56	0.61	0.43	0.32	0.48

Nutun LT-Debt-to-Total-Asset Calculation

Nutun's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	3683	/	7666
	=	0.48

Nutun'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 )
	=	3683	/	7666
	=	0.48

Nutun (JSE:TCP) 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.

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

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Nutun Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nutun Ltd (JSE:TCP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

115 West Street, 6th Floor, Sandown, Sandton, GT, ZAF, 2146

Website

https://www.nutun.com

Nutun Ltd is one of the fastest-growing providers of a wide range of omnichannel BPO services in South Africa. The company leads business into the future by leveraging its innovative, omnichannel solutions across the customer experience and credit lifecycle, from customer acquisition to debt collection and rehabilitation. It offers skilled talent, cost-effective solutions, and world-class infrastructure.