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Mix Telematics Limited (MIXT) |
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Mix Telematics Limited's Leverage Ratio
MIXT's quarterly Leverage Ratio and Total Liabilities, Equity growth
Despite a net increase in borrowings by 2.67%, Mix Telematics Limited managed to enhance Leverage Ratio in the third quarter 2023 to 0.68, achieving a new company high.
Within Software & Programming industry in the third quarter 2023, 10 other companies have achieved lower Leverage Ratio than Mix Telematics Limited in the III Quarter 2023. While Leverage Ratio total ranking has improved so far in the third quarter 2023 to 229, from total ranking in the second quarter 2023 at 946 .
Explain Leverage Ratio?
Who are MIXT Customers?
What are MIXT´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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MIXT Leverage Ratio |
(Dec 31 2023) III. Quarter |
(Sep 30 2023) II. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) IV. Quarter |
(Dec 31 2022) III. Quarter |
Y / Y Equity Change |
-3.36 % |
-0.18 % |
-7.85 % |
-14.11 % |
-6.42 % |
Y / Y Total Liabilities Change |
11.45 % |
17.39 % |
28.45 % |
25.79 % |
25.23 % |
Leverage Ratio MRQ |
0.68 |
0.68 |
0.63 |
0.62 |
0.59 |
MIXT's Total
Ranking |
# 229 |
# 946 |
# 1810 |
# 1270 |
# 437 |
Seq. Equity Change |
3.26 % |
-1.91 % |
-2 % |
-2.64 % |
6.66 % |
Seq. Total Liabilities Change |
2.67 % |
6.15 % |
-0.44 % |
2.72 % |
8.14 % |
Leverage Ratio third quarter 2023 Company Ranking |
Within: |
No. |
Software & Programming Industry |
# 11 |
Technology Sector |
# 64 |
Overall Market |
# 229 |
Leverage Ratio Statistics |
High |
Average |
Low |
0.68 |
0.45 |
0.31 |
(Sep 30 2023) |
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(Mar 31 2018) |
Cumulative Mix Telematics Limited's Leverage Ratio
MIXT's Leverage Ratio for the trailling 12 Months
MIXT Leverage Ratio |
(Dec 31 2023) III. Quarter |
(Sep 30 2023) II. Quarter |
(Jun 30 2023) III. Quarter |
(Mar 31 2023) IV. Quarter |
(Dec 31 2022) III. Quarter |
Y / Y Equity TTM Growth |
-3.36 % |
-0.18 % |
-7.85 % |
-14.11 % |
-6.42 % |
Y / Y Total Liabilities TTM Growth |
11.45 % |
17.39 % |
28.45 % |
25.79 % |
25.23 % |
Leverage Ratio TTM |
0.65 |
0.63 |
0.61 |
0.56 |
0.51 |
Total
Ranking TTM |
# 628
| # 1171
| # 1228
| # 1217
| # 1315
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Seq. Equity TTM Growth |
3.26 % |
-1.91 % |
-2 % |
-2.64 % |
6.66 % |
Seq. Total Liabilities TTM Growth |
2.67 % |
6.15 % |
-0.44 % |
2.72 % |
8.14 % |
On the trailing twelve months basis Due to the net new borrowings of 2.67% during the trailing twelve months finishing in the III Quarter 2023, cumulativeLeverage Ratio improved to 0.65, a new company high. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Software & Programming industry MIXT recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has improved so far to 117, from total ranking in previous 12 month period at 6.
Explain Leverage Ratio?
Who are MIXT Customers?
What are MIXT´s Total Liabilities?
TTM Leverage Ratio Company Ranking |
Within: |
No. |
Within the Software & Programming Industry |
# 0 |
Technology Sector |
# 0 |
Within the Market |
# 229 |
trailing twelve months Leverage Ratio Statistics |
High |
Average |
Low |
0.65 |
0.44 |
0.31 | (Dec 31 2023) |
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(Mar 31 2018) |
Companies with similar Leverage Ratio in the quarter ending Dec 31 2023, within Software & Programming Industry | Leverage Ratio | Dec 31 2023 MRQ Total Liabilities | Dec 31 2023 MRQ Equity | Crowdstrike Holdings Inc | 1.86 | $ 4,342.570 Millions | $ 2,337.089 Millions | Atlassian Corporation | 1.76 | $ 1,590.162 Millions | $ 904.923 Millions | Sprout Social Inc | 1.75 | $ 252.393 Millions | $ 144.192 Millions | Mongodb Inc | 1.68 | $ 1,800.653 Millions | $ 1,068.989 Millions | Q2 Holdings inc | 1.68 | $ 752.946 Millions | $ 448.479 Millions | Aci Worldwide inc | 1.56 | $ 2,060.862 Millions | $ 1,324.297 Millions | Cyberark Software Ltd | 1.55 | $ 1,229.882 Millions | $ 792.326 Millions | Bill Holdings Inc | 1.50 | $ 5,920.566 Millions | $ 3,951.845 Millions | Powerschool Holdings Inc | 1.41 | $ 2,477.055 Millions | $ 1,755.287 Millions | Informatica Inc | 1.35 | $ 2,989.484 Millions | $ 2,212.598 Millions | Servicenow Inc | 1.28 | $ 9,759.000 Millions | $ 7,628.000 Millions | Solarwinds Corporation | 1.25 | $ 1,808.871 Millions | $ 1,442.044 Millions | Jamf Holding Corp | 1.22 | $ 872.105 Millions | $ 717.547 Millions | Qualys Inc | 1.21 | $ 444.444 Millions | $ 368.174 Millions | Paycor Hcm Inc | 1.20 | $ 1,524.953 Millions | $ 1,268.261 Millions | Clear Secure Inc | 1.18 | $ 435.427 Millions | $ 369.224 Millions | Alarm com Holdings Inc | 1.09 | $ 751.017 Millions | $ 688.546 Millions | Datadog Inc | 0.94 | $ 1,910.718 Millions | $ 2,025.354 Millions | Meridianlink inc | 0.93 | $ 470.780 Millions | $ 508.247 Millions | Datasea Inc | 0.93 | $ 2.342 Millions | $ 2.532 Millions | Weave Communications Inc | 0.92 | $ 72.853 Millions | $ 78.957 Millions | Egain Corporation | 0.88 | $ 58.650 Millions | $ 66.793 Millions | Asana Inc | 0.84 | $ 275.258 Millions | $ 326.396 Millions | Block Inc | 0.82 | $ 15,374.637 Millions | $ 18,692.836 Millions | Electronic Arts Inc | 0.81 | $ 6,084.000 Millions | $ 7,533.000 Millions | Evercommerce Inc | 0.79 | $ 655.055 Millions | $ 826.036 Millions | Adobe Inc | 0.77 | $ 12,775.000 Millions | $ 16,518.000 Millions | Varonis Systems Inc | 0.77 | $ 376.206 Millions | $ 489.648 Millions | Intuit Inc | 0.76 | $ 12,780.000 Millions | $ 16,908.000 Millions | Expensify Inc | 0.75 | $ 76.040 Millions | $ 100.744 Millions |
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