SS&C Technologies Holdings (LTS:0L1G) LT-Debt-to-Total-Asset : 0.40 (As of Sep. 2024)

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What is SS&C Technologies 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. SS&C Technologies Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.40.

SS&C Technologies Holdings's long-term debt to total assets ratio declined from Sep. 2023 (0.43) to Sep. 2024 (0.40). It may suggest that SS&C Technologies Holdings is progressively becoming less dependent on debt to grow their business.

SS&C Technologies Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for SS&C Technologies 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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SS&C Technologies Holdings LT-Debt-to-Total-Asset Chart

SS&C Technologies Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.44

0.42

0.36

0.44

0.38

SS&C Technologies Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.43	0.38	0.39	0.40	0.40

SS&C Technologies Holdings LT-Debt-to-Total-Asset Calculation

SS&C Technologies Holdings'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 )
	=	6867.6	/	18102.5
	=	0.38

SS&C Technologies 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 )
	=	7331	/	18438.4
	=	0.40

SS&C Technologies Holdings (LTS:0L1G) 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.

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SS&C Technologies Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SS&C Technologies Holdings Inc (LTS:0L1G) » Definitions » LT-Debt-to-Total-Asset

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SSNC:USA SSNC:Mexico WGSA:Germany S1SN34:Brazil

Address

80 Lamberton Road, Windsor, CT, USA, 06095

Website

https://www.ssctech.com

SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in virtual data room solutions. With its 2018 purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&C completed the acquisition of Blue Prism.

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