CSIMarket
 


Mix Telematics Limited  (MIXT)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Mix Telematics Limited's Total Debt to Equity

MIXT's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to net new borrowings of 24.81%, Total Debt to Equity fell to 0.2, a new company high.

Within Software & Programming industry in the third quarter 2023, 6 other companies have achieved lower Total Debt to Equity than Mix Telematics Limited in the III Quarter 2023. While Total Debt to Equity total ranking has improved so far in the third quarter 2023 to 186, from total ranking in the second quarter 2023 at 518 .

Explain Debt to Equity Ratio?
What is the structure of MIXT´s Total Debt?
How valuable is the MIXT´s Equity?


MIXT Total Debt to Equity (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 Debt Change 67.31 % 41.25 % 137.91 % 172.52 % 449.74 %
Total Debt to Equity MRQ 0.2 0.16 0.14 0.14 0.11
MIXT's Total Ranking # 186 # 518 # 440 # 577 # 65
Seq. Equity Change 3.26 % -1.91 % -2 % -2.64 % 6.66 %
Seq. Total Debt Change 24.81 % 14.29 % -2.86 % 20.74 % 5.37 %



Total Debt to Equity third quarter 2023 Company Ranking
Within: No.
Software & Programming Industry # 7
Technology Sector # 36
Overall Market # 186


Total Debt to Equity Statistics
High Average Low
0.2 0.07 0.01
(Dec 31 2023)  




Financial Statements
Mix Telematics Limited's Equity $ 108 Millions Visit MIXT's Balance sheet
Mix Telematics Limited's Total Debt $ 21 Millions Visit MIXT's Balance sheet
Source of MIXT's Sales Visit MIXT's Sales by Geography


Cumulative Mix Telematics Limited's Total Debt to Equity

MIXT's Total Debt to Equity for the trailling 12 Months

MIXT Total Debt to Equity

(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 Debt TTM Growth 67.31 % 41.25 % 137.91 % 172.52 % 449.74 %
Total Debt to Equity TTM 0.16 0.14 0.13 0.1 0.08
Total Ranking TTM # 6 # 28 # 67 # 28 # 6
Seq. Equity TTM Growth 3.26 % -1.91 % -2 % -2.64 % 6.66 %
Seq. Total Debt TTM Growth 24.81 % 14.29 % -2.86 % 20.74 % 5.37 %


On the trailing twelve months basis Due to the net new borrowings of 24.81% during the trailing twelve months finishing in the III Quarter 2023, cumulativeTotal Debt to Equity improved to 0.16, a new company high.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Software & Programming industry MIXT recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has improved so far to 6, from total ranking in previous 12 month period at 28.

Explain Debt to Equity Ratio?
What is the structure of MIXT´s Total Debt?
How valuable is the MIXT´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Software & Programming Industry # 0
Technology Sector # 0
Within the Market # 6


trailing twelve months Total Debt to Equity Statistics
High Average Low
0.16 0.05 0.01
  (Mar 31 2020)




Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Software & Programming Industry Total Debt to EquityDec 31 2023 MRQ Total DebtDec 31 2023 MRQ Equity
Varonis Systems Inc   0.51 $ 250.477  Millions$ 489.648  Millions
Jamf Holding Corp   0.51 $ 366.999  Millions$ 717.547  Millions
Nayax Ltd   0.49 $ 47.477  Millions$ 97.590  Millions
N able Inc   0.47 $ 335.009  Millions$ 711.360  Millions
Powerschool Holdings Inc   0.47 $ 819.704  Millions$ 1,755.287  Millions
Bill Holdings Inc   0.47 $ 1,843.229  Millions$ 3,951.845  Millions
Sprout Social Inc   0.38 $ 55.000  Millions$ 144.192  Millions
Datadog Inc   0.37 $ 742.235  Millions$ 2,025.354  Millions
Take two Interactive Software inc   0.36 $ 3,081.400  Millions$ 8,508.600  Millions
Intuit Inc   0.35 $ 5,950.000  Millions$ 16,908.000  Millions
Fastly Inc   0.35 $ 343.507  Millions$ 979.488  Millions
Crowdstrike Holdings Inc   0.32 $ 742.494  Millions$ 2,337.089  Millions
Guidewire Software Inc   0.32 $ 398.033  Millions$ 1,256.113  Millions
Block Inc   0.31 $ 5,728.008  Millions$ 18,692.836  Millions
Electronic Arts Inc   0.25 $ 1,881.000  Millions$ 7,533.000  Millions
Adobe Inc   0.22 $ 3,634.000  Millions$ 16,518.000  Millions
Tyler Technologies Inc   0.22 $ 646.007  Millions$ 2,937.995  Millions
Datasea Inc   0.20 $ 0.504  Millions$ 2.532  Millions
Okta Inc   0.20 $ 1,154.000  Millions$ 5,888.000  Millions
Mix Telematics Limited  0.20 $ 21.136  Millions$ 108.017  Millions
Servicenow Inc   0.20 $ 1,488.000  Millions$ 7,628.000  Millions
Cadence Design Systems Inc   0.19 $ 649.056  Millions$ 3,404.271  Millions
Salesforce Inc   0.16 $ 9,426.000  Millions$ 59,646.000  Millions
Netsol Technologies Inc   0.16 $ 6.082  Millions$ 38.538  Millions
Ansys Inc   0.14 $ 753.891  Millions$ 5,390.364  Millions
Asana Inc   0.13 $ 43.618  Millions$ 326.396  Millions
Twilio Inc   0.10 $ 988.953  Millions$ 9,732.552  Millions
Shopify Inc   0.10 $ 916.000  Millions$ 9,066.000  Millions
Expensify Inc   0.08 $ 7.655  Millions$ 100.744  Millions
Beamr Imaging Ltd   0.07 $ 0.699  Millions$ 10.260  Millions

Date modified: 2024-02-09T16:43:21+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com