Software Circle (LSE:SFT) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

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What is Software Circle 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. Software Circle's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Software Circle's long-term debt to total assets ratio declined from Sep. 2023 (0.21) to Sep. 2024 (0.06). It may suggest that Software Circle is progressively becoming less dependent on debt to grow their business.

Software Circle LT-Debt-to-Total-Asset Historical Data

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

Software Circle Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.26

0.45

0.33

0.63

0.20

Software Circle 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															0.71	0.63	0.21	0.20	0.06

Software Circle LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	6.984	/	34.386
	=	0.20

Software Circle'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 )
	=	2.248	/	39.732
	=	0.06

Software Circle (LSE:SFT) 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.

Software Circle LT-Debt-to-Total-Asset Related Terms

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Software Circle Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Software Circle PLC (LSE:SFT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

98 King Street, C/o Gateley Legal, Ship Canal House, Manchester, GBR, M2 4WU

Website

https://www.softwarecircle.com

Software Circle PLC is a UK-based company that is an acquirer of great vertical market software businesses. The company operates complex logistics, a SaaS platform, and brands that sell print and web to business customers. The segmental analysis by nature of service includes license fees, company-owned studio revenue, brand partner print, and online sales plus trade print. Some of its brands include Nettl, watermark, and Topfloor. Geographically it has its business across the region of the UK and Ireland, Europe, and others of which the UK and Ireland's region accounts for a majority of the revenue.

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