AgiiPlus (AgiiPlus) LT-Debt-to-Total-Asset : 0.88 (As of Dec. 2022)

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What is AgiiPlus 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. AgiiPlus's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.88.

AgiiPlus's long-term debt to total assets ratio increased from Dec. 2020 (0.81) to Dec. 2022 (0.88). It may suggest that AgiiPlus is progressively becoming more dependent on debt to grow their business.

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

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

AgiiPlus Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.81

0.86

0.88

AgiiPlus Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22
LT-Debt-to-Total-Asset	0.81	-	0.86	0.85	0.88

AgiiPlus LT-Debt-to-Total-Asset Calculation

AgiiPlus'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 )
	=	358.9	/	408.612
	=	0.88

AgiiPlus's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	358.9	/	408.612
	=

AgiiPlus (NAS:AGII) 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.

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AgiiPlus (AgiiPlus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AgiiPlus Inc (NAS:AGII) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

222 Hubin Road, Distrii Center, 18th Floor, Link Square 1, Huangpu District, Shanghai, CHN, 200021

Website

https://m.agiiplus.com

AgiiPlus Inc offers an integrated platform connecting onsite workspaces and digital services through technology. Through its subsidiaries, AgiiPlus offers office leasing and enterprise services under the brand "Tangtang," and, through its subsidiaries, AgiiPlus maintains the Distrii app, the proprietary official app for workspace members, offering AgiiPlus' workspace members a seamless experience beyond physical spaces with easy access to enterprise services. The firm has one operating segment with three revenue streams including workspace leasing & operation revenue, renovation & smart building technology revenue, and brokerage & enterprise service revenue.

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