Unith (ASX:UNT) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Unith 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. Unith's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Unith's long-term debt to total assets ratio declined from Dec. 2022 (0.10) to Dec. 2023 (0.04). It may suggest that Unith is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Unith'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.

Unith LT-Debt-to-Total-Asset Chart

Unith Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.33

0.20

0.13

0.05

Unith Semi-Annual Data
	Jun14	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															0.12	0.13	0.10	0.05	0.04

Unith LT-Debt-to-Total-Asset Calculation

Unith'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 )
	=	0.66	/	12.175
	=	0.05

Unith'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 )
	=	0.482	/	11.606
	=	0.04

Unith (ASX:UNT) 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.

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

Thank you for viewing the detailed overview of Unith's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Unith (ASX:UNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Unith Ltd (ASX:UNT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CM30:Germany

Address

95B Piet Heinkade, Level 4, Cremorne, Amsterdam, NH, NLD, 1019

Website

https://www.unith.ai

Unith Ltd is a leading digital human brand. It unifies the research and development of facial movement deep learning, audio machine learning, and conversational design to generate the first customizable, interactive avatar of its kind. The company's product and services include Talking Head, Mobile Content - Subscription, Crowd Direct, and Other Segments. The company generates the majority of its revenue from Mobile Content - Subscription, which is a Mobile subscription-based, broad content offering of products such as mobile security, games and video portals via a mobile payments network and the underlying AI-driven technology platform.

Unith (ASX:UNT) Headlines

No Headlines