Carbonxt Group (FRA:CKV) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Carbonxt Group 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. Carbonxt Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Carbonxt Group's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.02). It may suggest that Carbonxt Group is progressively becoming more dependent on debt to grow their business.

Carbonxt Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Carbonxt Group'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.

Carbonxt Group LT-Debt-to-Total-Asset Chart

Carbonxt Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.39

0.34

0.07

0.03

0.01

Carbonxt Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.06	0.03	0.01	0.01	0.02

Carbonxt Group LT-Debt-to-Total-Asset Calculation

Carbonxt Group'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 )
	=	0.105	/	20.939
	=	0.01

Carbonxt Group'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 )
	=	0.311	/	18.46
	=	0.02

Carbonxt Group (FRA:CKV) 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.

Carbonxt Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Carbonxt Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Carbonxt Group (FRA:CKV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Carbonxt Group Ltd (FRA:CKV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CG1:Australia

Address

3951 NW 48th Terrace, Suite 111, Gainesville, FL, USA, 32606

Website

https://www.carbonxt.com

Carbonxt Group Ltd is an Australian company engaged in the development and sale of specialized Activated Carbon (AC) products, including Powdered Activated Carbon (PAC) and AC pellets for the removal of pollutants and toxins in industrial processes. Geographically, it derives a majority of revenue from the United States of America. The company product comprises coal-fired power plants, cement plants, waste to energy, potable water and other applications.

Carbonxt Group (FRA:CKV) Headlines

No Headlines