PT Itsec Asia Tbk (ISX:CYBR) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

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What is PT Itsec Asia Tbk 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. PT Itsec Asia Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

PT Itsec Asia Tbk's long-term debt to total assets ratio increased from Dec. 2021 (0.03) to Dec. 2023 (0.05). It may suggest that PT Itsec Asia Tbk is progressively becoming more dependent on debt to grow their business.

PT Itsec Asia Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Itsec Asia Tbk'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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PT Itsec Asia Tbk LT-Debt-to-Total-Asset Chart

PT Itsec Asia Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.08

0.03

0.02

0.05

PT Itsec Asia Tbk Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	-	0.08	0.03	0.02	0.05

PT Itsec Asia Tbk LT-Debt-to-Total-Asset Calculation

PT Itsec Asia Tbk's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	9415.046	/	209910.591
	=	0.04

PT Itsec Asia Tbk'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 )
	=	9415.046	/	209910.591
	=	0.04

PT Itsec Asia Tbk (ISX:CYBR) 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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PT Itsec Asia Tbk (ISX:CYBR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Itsec Asia Tbk (ISX:CYBR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Dr Ide Anak Agung Gde Agung Plot E.4.2 No 2, Noble House Building Floor 11 Units 2 & 3, Mega Kuningan East Kuningan Village, Setiabudi, South Jakarta, Jakarta, IDN, 12950

Website

https://www.itsec.asia

PT Itsec Asia Tbk is one of the leading cybersecurity companies in APAC. The company's core offerings encompass comprehensive cybersecurity services and solutions, including Consulting Services, Security Solutions Integration and Managed Security Services. Its complete end-to-end portfolio provides continuous IT infrastructure protection against multiplying cybersecurity threats and compliance with increasingly demanding data protection and critical infrastructure regulations. The company also has extensive experience helping our customers with fraud prevention, operational technology (OT) and Industrial IoT (IIoT) security.