Ackroo (TSXV:AKR) Debt-to-Asset : 0.60 (As of Mar. 2024)

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What is Ackroo Debt-to-Asset?

Ackroo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$3.45 Mil. Ackroo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1.14 Mil. Ackroo's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$7.63 Mil. Ackroo's debt to asset for the quarter that ended in Mar. 2024 was 0.60.

Ackroo Debt-to-Asset Historical Data

The historical data trend for Ackroo'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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Ackroo Debt-to-Asset Chart

Ackroo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.71

0.60

0.58

0.65

0.56

Ackroo Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.67	0.65	0.65	0.56	0.60

Competitive Comparison of Ackroo's Debt-to-Asset

For the Software - Application subindustry, Ackroo'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.

Ackroo's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Ackroo's Debt-to-Asset distribution charts can be found below:

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

Ackroo Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ackroo's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(3.195	+	1.168)	/	7.792
	=	0.56

Ackroo'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
	=	(3.448	+	1.137)	/	7.626
	=	0.60

Ackroo (TSXV:AKR) 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.

Ackroo Debt-to-Asset Related Terms

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Ackroo (TSXV:AKR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ackroo Inc (TSXV:AKR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

AKRFF:USA

Address

1250 South Service Road, Unit A3-1 (3rd Floor), Hamilton, ON, CAN, L8E 5R9

Website

https://www.ackroo.com

Ackroo Inc provides marketing, payment, and point-of-sale solutions for merchants of all sizes. Through a SaaS-based business model, the company provides an in-store and online automated solution to help merchants process loyalty, gift card, and promotional transactions at the point of sale, provide key administrative and marketing data, and to allow customers to access and manage their loyalty and gift card accounts. Its payment services provide merchants with low-cost payment processing options through some of the world's largest payment technology and service providers. Ackroo's hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries including golf clubs, automotive dealers, and more.

Executives

Stephen Alexander Levely

Senior Officer