Aztech Global (SGX:8AZ) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Aztech Global 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. Aztech Global's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Aztech Global's long-term debt to total assets ratio increased from Jun. 2022 (0.01) to Dec. 2023 (0.03). It may suggest that Aztech Global is progressively becoming more dependent on debt to grow their business.

Aztech Global LT-Debt-to-Total-Asset Historical Data

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

Aztech Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.02

0.01

0.03

Aztech Global Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.01	0.01	0.03	0.03	-

Aztech Global LT-Debt-to-Total-Asset Calculation

Aztech Global'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 )
	=	16.502	/	597.275
	=	0.03

Aztech Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	16.502	/	597.275
	=

Aztech Global (SGX:8AZ) 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.

Aztech Global LT-Debt-to-Total-Asset Related Terms

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Aztech Global (SGX:8AZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aztech Global Ltd (SGX:8AZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 01-05, 31 Ubi Road 1, Singapore, SGP, 408694

Website

https://www.aztechglobal.com

Aztech Global Ltd is an investment holding company. Its key products can be broadly categorized into the three modes such as IoT Devices and Data-communication products; LED lighting products; and Other electrical products. The Group has two reportable segments which include the manufacturing segment and the distribution and trading segment. The manufacturing segment manufactures and sells electronic products for its customers including related corporations. The distribution and trading segment sells electronic products to its customers including related corporations. Geographically, the group generates the majority of its revenue from the North American region.

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