QCKSF (Quickstep Holdings) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

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What is Quickstep 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. Quickstep Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

Quickstep Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.18) to Dec. 2024 (0.20). It may suggest that Quickstep Holdings is progressively becoming more dependent on debt to grow their business.

Quickstep Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Quickstep 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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Quickstep Holdings LT-Debt-to-Total-Asset Chart

Quickstep Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.28

0.31

0.36

0.17

Quickstep Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.36	0.18	0.17	0.20

Quickstep Holdings LT-Debt-to-Total-Asset Calculation

Quickstep Holdings'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 )
	=	8.388	/	49.068
	=	0.17

Quickstep Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	7.927	/	39.505
	=	0.20

Quickstep Holdings (OTCPK:QCKSF) 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.

Quickstep Holdings LT-Debt-to-Total-Asset Related Terms

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Quickstep Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Quickstep Holdings Ltd (OTCPK:QCKSF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

QHL:Australia

Address

361 Milperra Road, Bankstown Airport, Bankstown Aerodrome, Sydney, NSW, AUS, 2200

Website

https://www.quickstep.com.au

Quickstep Holdings Ltd manufactures advanced composites for defense and commercial aerospace, and other industry manufacturing sectors. The group consisted of the production of parts for Northrop Grumman for the Joint Strike Fighter Project, C-130J wing flaps for Lockheed Martin, and Others. Its geographic segments include the United States of America, Australia, and the United Kingdom of which it generates the majority of its revenue from the United States of America.

Quickstep Holdings Headlines

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