Trakm8 Holdings (LSE:TRAK) Debt-to-Asset : 0.21 (As of Sep. 2023)

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What is Trakm8 Holdings Debt-to-Asset?

Trakm8 Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £6.40 Mil. Trakm8 Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1.49 Mil. Trakm8 Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was £37.43 Mil. Trakm8 Holdings's debt to asset for the quarter that ended in Sep. 2023 was 0.21.

Trakm8 Holdings Debt-to-Asset Historical Data

The historical data trend for Trakm8 Holdings's Debt-to-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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Trakm8 Holdings Debt-to-Asset Chart

Trakm8 Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

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0.19

0.25

0.22

0.21

Trakm8 Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.22	0.24	0.21	0.21

Competitive Comparison of Trakm8 Holdings's Debt-to-Asset

For the Scientific & Technical Instruments subindustry, Trakm8 Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trakm8 Holdings's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Trakm8 Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Trakm8 Holdings's Debt-to-Asset falls into.

Trakm8 Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Trakm8 Holdings's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.497	+	6.548)	/	38.549
	=	0.21

Trakm8 Holdings's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(6.404	+	1.486)	/	37.426
	=	0.21

Trakm8 Holdings (LSE:TRAK) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Trakm8 Holdings Debt-to-Asset Related Terms

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Trakm8 Holdings (LSE:TRAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trakm8 Holdings PLC (LSE:TRAK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Roman Park, Roman Way, Coleshill, Birmingham, West Midlands, GBR, B46 1HG

Website

https://www.trakm8.com

Trakm8 Holdings PLC is a UK-based company. The company through its subsidiaries is engaged in developing, manufacturing, marketing, and distribution of vehicle telematics devices and services. Its operating segment includes Integrated Telematics Technology. The company generates maximum revenue from Fleet and optimization and Insurance and automotive solutions. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in North America, Norway, the Rest of Europe, and the Rest of the World.