Wesure Global Tech (XTAE:WESR) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is Wesure Global Tech 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. Wesure Global Tech's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Wesure Global Tech's long-term debt to total assets ratio declined from Dec. 2023 (0.05) to Dec. 2024 (0.05). It may suggest that Wesure Global Tech is progressively becoming less dependent on debt to grow their business.

Wesure Global Tech LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wesure Global Tech'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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Wesure Global Tech LT-Debt-to-Total-Asset Chart

Wesure Global Tech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.05

Wesure Global Tech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.05	0.05	0.05

Wesure Global Tech LT-Debt-to-Total-Asset Calculation

Wesure Global Tech's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	880.802	/	19113.973
	=	0.05

Wesure Global Tech's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	880.802	/	19113.973
	=	0.05

Wesure Global Tech (XTAE:WESR) 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.

Wesure Global Tech LT-Debt-to-Total-Asset Related Terms

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Wesure Global Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Wesure Global Tech Ltd (XTAE:WESR) » Definitions » LT-Debt-to-Total-Asset

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Address

Hashraon Road 12, Kfar Saba, ISR, 4427125

Website

https://www.we-sure.co.il

Wesure Global Tech Ltd is a real internet community insurance company in Israel. It is involved in the home, property, and compulsory car insurance industries.

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