Richtech Robotics (Richtech Robotics) Debt-to-Asset : 0.18 (As of Mar. 2024)

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What is Richtech Robotics Debt-to-Asset?

Richtech Robotics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.22 Mil. Richtech Robotics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.09 Mil. Richtech Robotics's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $13.22 Mil. Richtech Robotics's debt to asset for the quarter that ended in Mar. 2024 was 0.17.

Richtech Robotics Debt-to-Asset Historical Data

The historical data trend for Richtech Robotics's Debt-to-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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Richtech Robotics Debt-to-Asset Chart

Richtech Robotics Annual Data

Trend

Sep21

Sep22

Sep23

Debt-to-Asset

0.10

0.15

Richtech Robotics Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial						0.25	0.19	0.15	0.03	0.18

Competitive Comparison of Richtech Robotics's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Richtech Robotics's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Richtech Robotics's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Richtech Robotics's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Richtech Robotics's Debt-to-Asset falls into.

Richtech Robotics Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Richtech Robotics's Debt-to-Asset for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.006	+	0.154)	/	7.853
	=	0.15

Richtech Robotics's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.22	+	0.091)	/	13.221
	=	0.17

Richtech Robotics (NAS:RR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Richtech Robotics Debt-to-Asset Related Terms

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Richtech Robotics (Richtech Robotics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Richtech Robotics Inc (NAS:RR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4175 Cameron Street, Suite 1, Las Vegas, NV, USA, 89103

Website

https://www.richtechrobotics.com

Richtech Robotics Inc is a developer of new robotic technologies focused on transforming labor-intensive services in hospitality and other sectors currently experiencing unprecedented labor shortages. The company designed, manufacture and sell robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a variety of services including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. The company designs its robots to be friendly, customizable to client environments, and extremely reliable.

Richtech Robotics (Richtech Robotics) Headlines

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