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DTI Group (ASX:DTI) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)


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What is DTI Group 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. DTI Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

DTI Group's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.01). It may suggest that DTI Group is progressively becoming more dependent on debt to grow their business.


DTI Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for DTI Group'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.

* Premium members only.

DTI Group LT-Debt-to-Total-Asset Chart

DTI Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only - 0.01 - - 0.02

DTI Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - - 0.02 0.01

DTI Group LT-Debt-to-Total-Asset Calculation

DTI Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=0.214/13.173
=0.02

DTI Group'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 )
=0.163/12.759
=0.01

* 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.


DTI Group  (ASX:DTI) 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.


DTI Group LT-Debt-to-Total-Asset Related Terms

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DTI Group (ASX:DTI) Business Description

Traded in Other Exchanges
N/A
Address
31 Affleck Road, Perth Airport, Perth, WA, AUS, 6105
DTI Group Ltd develops and provides surveillance, video analytics, and passenger information systems technology and services to the mobile transit industry. The customers include transit agencies, vehicle operators, vehicle manufacturers, and law enforcement agencies. Its products and services are classified into four categories surveillance solutions, Passenger communication solutions, Video analytics and Managed Services. Its geographical segments include Australia, Europe & Others, and North America, of which the majority of the revenue is generated from Australia.