Inspire Semiconductor Holdings (TSXV:INSP) LT-Debt-to-Total-Asset : 1.15 (As of Dec. 2023)

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What is Inspire Semiconductor Holdings 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. Inspire Semiconductor Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 1.15.

Inspire Semiconductor Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (1.15). It may suggest that Inspire Semiconductor Holdings is progressively becoming more dependent on debt to grow their business.

Inspire Semiconductor Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Inspire Semiconductor Holdings'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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Inspire Semiconductor Holdings LT-Debt-to-Total-Asset Chart

Inspire Semiconductor Holdings Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.07

1.15

Inspire Semiconductor Holdings Quarterly Data
	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.07	0.15	0.62	0.91	1.15

Inspire Semiconductor Holdings LT-Debt-to-Total-Asset Calculation

Inspire Semiconductor Holdings'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 )
	=	5.69	/	4.937
	=

Inspire Semiconductor Holdings'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 )
	=	5.69	/	4.937
	=

Inspire Semiconductor Holdings (TSXV:INSP) 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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Inspire Semiconductor Holdings (TSXV:INSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Inspire Semiconductor Holdings Inc (TSXV:INSP) » Definitions » LT-Debt-to-Total-Asset

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INSSF:USA

Address

11305 Four Points Drive, No. 2, Suite 250, Austin, TX, USA, 78726

Website

https://www.inspiresemi.com

Inspire Semiconductor Holdings Inc is engaged in developing the Thunderbird Accelerated Computing Solution which is based on an array of thousands of processor cores, with an interconnection network, and is compatible with an established software ecosystem.