Titomic (ASX:TTT) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Titomic 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. Titomic's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Titomic's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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

Titomic Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.01

0.07

0.11

Titomic Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.05	0.07	-	0.11	-

Titomic LT-Debt-to-Total-Asset Calculation

Titomic'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 )
	=	0.705	/	6.353
	=	0.11

Titomic'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	/	7.869
	=	0.00

Titomic (ASX:TTT) 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.

Titomic LT-Debt-to-Total-Asset Related Terms

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Titomic (ASX:TTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Titomic Ltd (ASX:TTT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

T04:Germany

Address

365 Ferntree Gully Road, Ground Floor, Mount Waverley, VIC, AUS, 3149

Website

https://www.titomic.com

Titomic Ltd specializes in leveraging advanced materials and a new additive manufacturing technology. The company operates in three geographical segments; located in Australia, the USA, and the Netherlands. The company specializes in manufacturing and technology solutions for high-performance metal additive manufacturing, metal coatings, and repairs using its unique patented Titomic Kinetic Fusion cold spray technology with its principal activities in the global defense, aerospace, mining, energy, and transport industries.

Titomic (ASX:TTT) Headlines

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