Enprise Group (NZSE:ENS) LT-Debt-to-Total-Asset : 0.18 (As of Jun. 2024)

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What is Enprise 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. Enprise Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.18.

Enprise Group's long-term debt to total assets ratio increased from Jun. 2023 (0.06) to Jun. 2024 (0.18). It may suggest that Enprise Group is progressively becoming more dependent on debt to grow their business.

Enprise Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Enprise 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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Enprise Group LT-Debt-to-Total-Asset Chart

Enprise Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.05

0.04

0.07

0.18

Enprise Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.04	0.05	0.06	0.05	0.18

Enprise Group LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	2.636	/	14.599
	=	0.18

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2.636	/	14.599
	=	0.18

Enprise Group (NZSE:ENS) 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.

Enprise Group LT-Debt-to-Total-Asset Related Terms

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Enprise Group Business Description

Industry

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

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Traded in Other Exchanges

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Address

16 Hugo Johnston Drive, Level 2, Penrose, Auckland, NTL, NZL, 1061

Website

https://www.enprisegroup.com

Enprise Group Ltd is a hi-tech software and services investment company. The company has invested in four businesses: Kilimanjaro Consulting, iSell, Datagate Innovation, and Vadacom. It provides MYOB enterprise software systems, which include MYOB Advanced and MYOB Exo software platforms. The company also offers cloud-based quoting systems (IT Quoter) on a software-as-a-service model for the IT reseller market. It generates the majority of its revenue from the Kilimanjaro Consulting segment. Its geographic segments include New Zealand, Australia, EMEA (Europe, Middle East, and Africa), North America, and Asia of which it generates the majority of revenue from Australia.