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AIQ (LSE:AIQ) LT-Debt-to-Total-Asset : 2.72 (As of Oct. 2023)


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What is AIQ 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. AIQ's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 2.72.

AIQ's long-term debt to total assets ratio increased from Oct. 2022 (0.64) to Oct. 2023 (2.72). It may suggest that AIQ is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for AIQ'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.

AIQ LT-Debt-to-Total-Asset Chart

AIQ Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial - 0.07 0.07 0.64 2.72

AIQ Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.07 0.40 0.64 1.07 2.72

AIQ LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Oct. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )/Total Assets (A: Oct. 2023 )
=0.5/0.184
=2.72

AIQ's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )/Total Assets (Q: Oct. 2023 )
=0.5/0.184
=2.72

* 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.

AIQ  (LSE:AIQ) 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.

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

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AIQ (LSE:AIQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AIQ Ltd (LSE:AIQ) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
Genesis Close, Genesis Building, 5th Floor, PO Box 446, George Town, CYM, KY1-1106
Website
https://www.aiqhub.com
AIQ Ltd is an information technology software solutions provider, focused on the delivery of blockchain platforms in Asia through the provision of IT consultancy. It operates in a single segment, which is the sale of software and ancillary services. It offers OctaPLUS, which is an AI-powered online shopping platform; and also a messaging solution for business customers.