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Big Technologies (LSE:BIG) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)


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What is Big Technologies 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. Big Technologies's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Big Technologies's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.01). It may suggest that Big Technologies is progressively becoming more dependent on debt to grow their business.


Big Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Big Technologies'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.

* Premium members only.

Big Technologies LT-Debt-to-Total-Asset Chart

Big Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.01 0.01 - - 0.01

Big Technologies Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.01

Big Technologies LT-Debt-to-Total-Asset Calculation

Big Technologies'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 )
=1.579/134.958
=0.01

Big Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=1.573/143.985
=0.01

* 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.


Big Technologies  (LSE:BIG) 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.


Big Technologies LT-Debt-to-Total-Asset Related Terms

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Big Technologies Business Description

Traded in Other Exchanges
Address
17 Church Street, Talbot House, Rickmansworth, GBR, WD3 1DE
Big Technologies PLC provides products and services to the remote and personal monitoring industry under several brand and trading names. The company's criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Alongside this, it also offers monitoring services solutions for its customers. The company provides its solutions on a SaaS-like subscription-based model, with long-term contracts spanning up to twelve years in length, providing a secure revenue base from which to deliver contract expansion and to win new contracts. It generates revenue across the world, with operations across the United Kingdom, Australia, the United States and Colombia.

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