Concentrix (STU:CO8) LT-Debt-to-Total-Asset : 0.40 (As of Nov. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Concentrix 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. Concentrix's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.40.

Concentrix's long-term debt to total assets ratio stayed the same from Nov. 2023 (0.40) to Nov. 2024 (0.40).

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

The historical data trend for Concentrix'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.

* Premium members only.

Concentrix LT-Debt-to-Total-Asset Chart

Concentrix Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.22

0.16

0.33

0.40

Concentrix Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.41	0.41	0.40	0.40

Concentrix LT-Debt-to-Total-Asset Calculation

Concentrix's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (A: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2024 )	/	Total Assets (A: Nov. 2024 )
	=	4458.539	/	11295.935
	=	0.39

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

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	4458.539	/	11295.935
	=	0.39

Concentrix (STU:CO8) 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.

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

Thank you for viewing the detailed overview of Concentrix's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Concentrix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Concentrix Corp (STU:CO8) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CNXC:USA CO8:Germany

Address

39899 Balentine Drive, Suite 235, Newark, CA, USA, 94560

Website

https://www.concentrix.com

Concentrix Corp is a technology enabled company specialized in customer engagement and customer management. The company provides end-to-end capabilities, including CX process optimization, technology innovation and design engineering, front- and back-office automation, analytics and business transformation services to clients in five industry verticals. The Company's verticals are technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, and healthcare. Geographically, the company operates in Philippines, Unites States, India, Frances and Others. Maximum revenue is from Technology and consumer electronics industry and geographically from Philippines.

Concentrix Headlines

No Headlines