STTTF (Splitit Payments) LT-Debt-to-Total-Asset: 0.71 (As of Jun. 2023)


STTTF Splitit Payments Ltd STTTF
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What is Splitit Payments LT-Debt-to-Total-Asset?

Splitit Payments STTTF 12 LT-Debt-to-Total-Asset is 0.71 as of Jun. 2023. GuruFocus rates STTTF with a GF Score™ of 12/100.

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. Splitit Payments's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.71.

Splitit Payments's long-term debt to total assets ratio increased from Jun. 2022 (0.67) to Jun. 2023 (0.71). It may suggest that Splitit Payments is progressively becoming more dependent on debt to grow their business.

Splitit Payments  (OTCPK:STTTF) 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.

Splitit Payments LT-Debt-to-Total-Asset Related Terms

Splitit Payments LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Splitit Payments'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.

Splitit Payments LT-Debt-to-Total-Asset Chart

Splitit Payments Annual Data
Trend Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.01 0.25 0.59 0.70

Splitit Payments Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.59 0.67 0.70 0.71
STTTF
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Splitit Payments Ltd STTTF
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Splitit Payments LT-Debt-to-Total-Asset Calculation

Splitit Payments's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=72.096/103.686
=0.70

Splitit Payments's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=57.512/81.135
=0.71

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.71 mean?
Splitit Payments (STTTF) has a LT-Debt-to-Total-Asset of 0.71 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Splitit Payments and its competitors.
Is Splitit Payments' LT-Debt-to-Total-Asset too high?
Splitit Payments' current LT-Debt-to-Total-Asset is 0.71. Overall, Splitit Payments has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Splitit Payments' LT-Debt-to-Total-Asset compare to MSFT and ORCL?
Splitit Payments' LT-Debt-to-Total-Asset of 0.71 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Software company?
A good LT-Debt-to-Total-Asset depends on the Software industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Splitit Payments and its competitors. Splitit Payments's current LT-Debt-to-Total-Asset is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Splitit Payments stock overvalued right now?
Splitit Payments (STTTF) has a current LT-Debt-to-Total-Asset of 0.71. The current LT-Debt-to-Total-Asset is 0.71. Splitit Payments' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Splitit Payments (STTTF), the current LT-Debt-to-Total-Asset is 0.71 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Splitit Payments Business Description

Address 32 HaArba\'a Street, Tel Aviv, ISR, 6473970
Splitit Payments Ltd is a cross-border payment solution enabling customers to pay for purchases with an existing debit or credit card by splitting the purchase into fee and interest-free monthly installments, without the need for registration, application, or approval. Splitit operates in three geographical regions: North America, the United Kingdom & Europe, and Australia.
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