SYSX (Sysorex) LT-Debt-to-Total-Asset: 0.02 (As of Jun. 2023)


What is Sysorex LT-Debt-to-Total-Asset?

Sysorex SYSX LT-Debt-to-Total-Asset is 0.02 as of Jun. 2023.

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. Sysorex's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.02.

Sysorex's long-term debt to total assets ratio increased from Jun. 2022 (0.02) to Jun. 2023 (0.02). It may suggest that Sysorex is progressively becoming more dependent on debt to grow their business.

Sysorex  (OTCPK:SYSX) 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.

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

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

* Premium members only.

The historical data trend for Sysorex'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.

Sysorex LT-Debt-to-Total-Asset Chart

Sysorex Annual Data
Trend Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.02 0.02

Sysorex Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.02 0.02 0.02 0.02 0.02

Sysorex LT-Debt-to-Total-Asset Calculation

Sysorex'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 )
=0.271/13.24
=0.02

Sysorex'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 )
=0.177/7.437
=0.02

* 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 0.02 mean?
Sysorex (SYSX) has a LT-Debt-to-Total-Asset of 0.02 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 Sysorex and its competitors.
Is Sysorex's LT-Debt-to-Total-Asset too high?
Sysorex's current LT-Debt-to-Total-Asset is 0.02.
How does Sysorex's LT-Debt-to-Total-Asset compare to MS and GS?
Sysorex's LT-Debt-to-Total-Asset of 0.02 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good LT-Debt-to-Total-Asset depends on the Capital Markets 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 Sysorex and its competitors. Sysorex's current LT-Debt-to-Total-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sysorex stock overvalued right now?
Sysorex (SYSX) has a current LT-Debt-to-Total-Asset of 0.02. The current LT-Debt-to-Total-Asset is 0.02. 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 Sysorex (SYSX), the current LT-Debt-to-Total-Asset is 0.02 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.

Sysorex Business Description

Address 13880 Dulles Corner Lane, Suite 120, Herndon, VA, USA, 20171
Sysorex Inc is a technology company focused on Ethereum mining and the Ethereum blockchain and information technology solutions mainly in the public sector segments including federal, state, and local governments. It currently owns and operates approximately 11,000 NVIDIA GPUs (Graphics Processing Units) generating approximately 500 Gigahash of computing power, which GPUs include thousands of Cryptocurrency Mining Processors (CMPs). These GPUs are currently online and securing the Ethereum Blockchain and generating ETH around the clock with industry driven efficiency.