IPH (ASX:IPH) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2023)

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What is IPH 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. IPH's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.41.

IPH's long-term debt to total assets ratio increased from Dec. 2022 (0.37) to Dec. 2023 (0.41). It may suggest that IPH is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for IPH'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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IPH LT-Debt-to-Total-Asset Chart

IPH Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.16

0.26

0.22

0.36

IPH Semi-Annual Data
	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														0.22	0.22	0.37	0.36	0.41

IPH LT-Debt-to-Total-Asset Calculation

IPH'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 )
	=	431.553	/	1196.625
	=	0.36

IPH'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 )
	=	563.486	/	1380.457
	=	0.41

IPH (ASX:IPH) 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.

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

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IPH (ASX:IPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » IPH Ltd (ASX:IPH) » Definitions » LT-Debt-to-Total-Asset

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1IP:Germany

Address

201 Sussex Street, Level 24, Tower 2, Darling Park, Sydney, NSW, AUS, 2000

Website

https://www.iphltd.com.au

IPH Ltd provides intellectual property services and data analytics software development services. The company's intellectual property services, which is provided through the company's subsidiaries Spruson and Ferguson, Fisher Adams, Kelly Callinans, Pizzeys and Cullens, involve patents filing, prosecution, enforcement and management, designing, trademarks, and others. The company's intellectual property software business, which is operated under a subscription license model, is carried out through the company's subsidiary Practice Insight. The company generates the majority of its revenue from Australia & New Zealand.

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