Black Pearl Group (NZSE:BPG) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Black Pearl Group 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. Black Pearl Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Black Pearl Group's long-term debt to total assets ratio increased from . 20 (0.00) to Mar. 2024 (0.04). It may suggest that Black Pearl Group is progressively becoming more dependent on debt to grow their business.

Black Pearl Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Black Pearl Group'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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Black Pearl Group LT-Debt-to-Total-Asset Chart

Black Pearl Group Annual Data

Trend

Mar23

Mar24

LT-Debt-to-Total-Asset

0.17

0.04

Black Pearl Group Semi-Annual Data
	Mar23	Mar24
LT-Debt-to-Total-Asset	0.17	0.04

Black Pearl Group LT-Debt-to-Total-Asset Calculation

Black Pearl Group'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 )
	=	0.284	/	6.728
	=	0.04

Black Pearl Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0.284	/	6.728
	=	0.04

Black Pearl Group (NZSE:BPG) 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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Black Pearl Group (NZSE:BPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Black Pearl Group Ltd (NZSE:BPG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Level 5, 50 Customhouse Quay, Wellington Central, Wellington, NZL, 6011

Website

https://www.blackpearl.com

Black Pearl Group Ltd is a data technology company that builds, acquires, and markets data-driven cloud services, consisting of a suite of productivity and demand generation applications for small and medium-sized businesses. The Company had two reportable segments based off the Company's major product subscriptions available during the year: Black Pearl Mail and Newoldstamp. The company makes majority of its revenue from subscriptions of Black Pearl Mall.

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