GURUFOCUS.COM » STOCK LIST » Technology » Software » NexJ Systems Inc (TSX:NXJ) » Definitions » LT-Debt-to-Total-Asset

NexJ Systems (TSX:NXJ) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2022)


View and export this data going back to 2011. Start your Free Trial

What is NexJ Systems 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. NexJ Systems's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.01.

NexJ Systems's long-term debt to total assets ratio declined from Sep. 2021 (0.03) to Sep. 2022 (0.01). It may suggest that NexJ Systems is progressively becoming less dependent on debt to grow their business.

NexJ Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for NexJ Systems'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.

NexJ Systems LT-Debt-to-Total-Asset Chart

NexJ Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.11 0.07 0.01

NexJ Systems Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.01 0.01 0.01 0.01

NexJ Systems LT-Debt-to-Total-Asset Calculation

NexJ Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=0.083/15.684
=0.01

NexJ Systems's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )/Total Assets (Q: Sep. 2022 )
=0.084/8.862
=0.01

* 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.

NexJ Systems  (TSX:NXJ) 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.

NexJ Systems LT-Debt-to-Total-Asset Related Terms

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

NexJ Systems (TSX:NXJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » NexJ Systems Inc (TSX:NXJ) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
XCNQ:BYFM XCNQ:TSF XCNQ:LQID XCNQ:CNI TSXV:INTR TSXV:ZONE TSXV:MVY TSXV:ISD TSXV:AKR TSXV:WIN CRM INTU XTER:SAP NOW XPAR:DSY UBER TEAM TSX:SHOP WDAY ADSK
Traded in Other Exchanges
N/A
Address
10 York Mills Road, Suite 700, Toronto, ON, CAN, M2P 2G4
Website
https://www.nexj.com
NexJ Systems Inc delivers enterprise customer management solutions to the financial services and insurance industries. The company's solutions include Customer Relationship Management (CRM) for financial services and insurance; Customer Process Management (CPM) for client onboarding and Know Your Customer (KYC), and Customer Data Management (CDM) to deliver a view of customers across the line of business and regional data silos. Its geographical segments include the Americas, EMEA (Europe, the Middle East, and Africa), and the Asia Pacific.