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Image Scan Holdings (LSE:IGE) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)


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What is Image Scan 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. Image Scan Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Image Scan Holdings's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.04). It may suggest that Image Scan Holdings is progressively becoming less dependent on debt to grow their business.


Image Scan Holdings LT-Debt-to-Total-Asset Historical Data

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

Image Scan Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.07 0.07 0.05 0.04

Image Scan Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 - 0.05 - 0.04

Image Scan Holdings LT-Debt-to-Total-Asset Calculation

Image Scan Holdings'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 )
=0.102/2.692
=0.04

Image Scan Holdings'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 )
=0.102/2.692
=0.04

* 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.


Image Scan Holdings  (LSE:IGE) 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.


Image Scan Holdings LT-Debt-to-Total-Asset Related Terms

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Image Scan Holdings Business Description

Traded in Other Exchanges
N/A
Address
Sileby Road, 16-18 Hayhill Industrial Estate, Loughborough, Barrow-upon-Soar, Leicestershire, GBR, LE12 8LD
Image Scan Holdings PLC is an x-ray technology specialist operating globally in the security and industrial inspection sectors. Its principal activity is designing, manufacturing, and supply of portable and fixed x-ray security screening systems to governments, security organizations, and law enforcement agencies.