Cipherpoint (Cipherpoint) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Cipherpoint 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. Cipherpoint's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Cipherpoint's long-term debt to total assets ratio increased from Mar. 2023 (0.04) to Mar. 2024 (0.08). It may suggest that Cipherpoint is progressively becoming more dependent on debt to grow their business.

Cipherpoint LT-Debt-to-Total-Asset Historical Data

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

Cipherpoint Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.04

0.08

Cipherpoint Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.09	0.04	0.04	0.08

Cipherpoint LT-Debt-to-Total-Asset Calculation

Cipherpoint'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 )
	=	0.272	/	3.231
	=	0.08

Cipherpoint'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 )
	=	0.272	/	3.231
	=	0.08

Cipherpoint (OTCPK:PMLDY) 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.

Cipherpoint LT-Debt-to-Total-Asset Related Terms

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Cipherpoint (Cipherpoint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cipherpoint Ltd (OTCPK:PMLDY) » Definitions » LT-Debt-to-Total-Asset

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EXT:Australia

Address

157 Walker Street, Suite 2.01, North Sydney, Sydney, NSW, AUS, 2000

Website

https://www.cipherpoint.com

Excite Technology Services Ltd Formerly Cipherpoint Ltd is a provider of software solutions. It is engaged in the development and commercialization of intellectual property primarily in the field of data security technology. It helps businesses to discover, protect and control sensitive information through platforms. The company serves the defense, education, financial services, government, healthcare, human resources, and legal industries. The group has a business presence in the US, Australasia, the UK, Germany and Singapore.

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