Infoclip (XPAR:MLIFC) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

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What is Infoclip 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. Infoclip's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Infoclip's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2023 (0.06). It may suggest that Infoclip is progressively becoming more dependent on debt to grow their business.

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

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

Infoclip Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.12

0.06

Infoclip Semi-Annual Data
	Dec22	Dec23
LT-Debt-to-Total-Asset	0.12	0.06

Infoclip LT-Debt-to-Total-Asset Calculation

Infoclip'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 )
	=	0.263	/	4.121
	=	0.06

Infoclip'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 )
	=	0.263	/	4.121
	=	0.06

Infoclip (XPAR:MLIFC) 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.

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

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Infoclip Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infoclip (XPAR:MLIFC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

20 Rue de la Michodiere, Paris, FRA, 75002

Website

https://www.groupe-infoclip.com

Infoclip is a provider of IT solutions. It specializes in information management and hosting services like the development of IT applications, training, technical assistance, and maintenance services. The company offers it to small and medium-sized businesses. It also has an Engineering and Development Division through which this company provides computer programming and development, multimedia, and web.

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