STXMF (Starrex International) LT-Debt-to-Total-Asset: 0.07 (As of Mar. 2024)


STXMF Starrex International Ltd STXMF
12 GF Score
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What is Starrex International LT-Debt-to-Total-Asset?

Starrex International STXMF -91.11% 12 LT-Debt-to-Total-Asset is 0.07 as of Mar. 2024. GuruFocus rates STXMF 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. Starrex International's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

Starrex International's long-term debt to total assets ratio declined from Mar. 2023 (0.23) to Mar. 2024 (0.07). It may suggest that Starrex International is progressively becoming less dependent on debt to grow their business.


Starrex International  (OTCPK:STXMF) 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.


Starrex International LT-Debt-to-Total-Asset Related Terms


Starrex International LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Starrex International'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.

Starrex International LT-Debt-to-Total-Asset Chart

Starrex International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.01 0.04 0.01 0.06

Starrex International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.29 0.08 0.06 0.07
STXMF
12GF Score
Starrex International Ltd STXMF
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Starrex International LT-Debt-to-Total-Asset Calculation

Starrex International'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 )
=0.796/13.009
=0.06

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=0.791/11.654
=0.07

* 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 0.07 mean?
Starrex International (STXMF) has a LT-Debt-to-Total-Asset of 0.07 as of Mar. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Starrex International and its competitors.
Is Starrex International's LT-Debt-to-Total-Asset too high?
Starrex International's current LT-Debt-to-Total-Asset is 0.07. Overall, Starrex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Starrex International's LT-Debt-to-Total-Asset compare to LRBI and FNMA?
Starrex International's LT-Debt-to-Total-Asset of 0.07 can be compared against companies in the Banks 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 Banks company?
A good LT-Debt-to-Total-Asset depends on the Banks 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 Starrex International and its competitors. Starrex International's current LT-Debt-to-Total-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starrex International stock overvalued right now?
Starrex International (STXMF) has a current LT-Debt-to-Total-Asset of 0.07. The current LT-Debt-to-Total-Asset is 0.07. Starrex International's 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 Starrex International (STXMF), the current LT-Debt-to-Total-Asset is 0.07 as of Mar. 2024. 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.

Starrex International Business Description

Address 1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Starrex International Ltd. or Corporate, manages the wholly owned subsidiaries, as well as shareholder services and corporate governance; MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities; and All American Title Company, LLC. provides services required to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing and insuring the condition of the title to the property.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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