ROBOF (RoboGroup TEK) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2024)

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What is RoboGroup TEK 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. RoboGroup TEK's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.07.

RoboGroup TEK's long-term debt to total assets ratio increased from Jun. 2023 (0.04) to Jun. 2024 (0.07). It may suggest that RoboGroup TEK is progressively becoming more dependent on debt to grow their business.

RoboGroup TEK LT-Debt-to-Total-Asset Historical Data

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

RoboGroup TEK Annual Data

Trend

Dec03

Dec04

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.06

0.05

0.04

RoboGroup TEK Semi-Annual Data
	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.07

RoboGroup TEK LT-Debt-to-Total-Asset Calculation

RoboGroup TEK'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 )
	=	0.79	/	21.734
	=	0.04

RoboGroup TEK'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 )
	=	1.368	/	20.155
	=	0.07

RoboGroup TEK (OTCPK:ROBOF) 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.

RoboGroup TEK LT-Debt-to-Total-Asset Related Terms

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RoboGroup TEK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RoboGroup TEK Ltd (OTCPK:ROBOF) » Definitions » LT-Debt-to-Total-Asset

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ROBO:Israel

Address

13 Hamelacha Street, Afek Industrial Park, Rosh Ha'Ayin, ISR, 48091

Website

http://www.robo-group.com

RoboGroup TEK Ltd is a global, diversified enterprise with proprietary technologies on the forefront of robotics, motion control, and technology education. The company has taken its engineering and management expertise in the fields of automation, motion control, and algorithmic functions and developed several businesses related to these technologies. Intelitek, the company's educational division develops, manufactures and markets training products and e-learning systems. Intelitek is a world leader in engineering and manufacturing technology training systems.

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