GetBusy (LSE:GETB) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is GetBusy 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. GetBusy's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

GetBusy's long-term debt to total assets ratio increased from Dec. 2023 (0.08) to Dec. 2024 (0.21). It may suggest that GetBusy is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for GetBusy'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.

GetBusy LT-Debt-to-Total-Asset Chart

GetBusy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.23

0.18

0.11

0.08

0.21

GetBusy Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.11	0.11	0.08	0.15	0.21

GetBusy LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2.437	/	11.429
	=	0.21

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2.437	/	11.429
	=	0.21

GetBusy (LSE:GETB) 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.

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

Thank you for viewing the detailed overview of GetBusy's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

GetBusy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GetBusy PLC (LSE:GETB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 West Street, Unity Campus, Suite 8, The Works, Pampisford, Cambridge, GBR, CB22 3FT

Website

https://www.getbusyplc.com

GetBusy PLC is a holding company for a group of software companies providing productivity software for professional and financial services. The company operates in three software products SmartVault, Virtual Cabinet, and Workiro, and a corporate and central segment. Its software suite includes a range of tools and end-to-end workflows such as digital asset and document management, tailored templates, quotes/proposal development, form-fill, authentication, e-signatures and approvals, workflow and task management, chat, and complex digital certification. Geographically, the company generates a majority of its revenue from the United States of America and the rest from the United Kingdom, Australia and New Zealand.

GetBusy Headlines

No Headlines