Hello Pal International (XCNQ:HP) LT-Debt-to-Total-Asset : 0.00 (As of Feb. 2023)

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What is Hello Pal International 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. Hello Pal International's long-term debt to total assests ratio for the quarter that ended in Feb. 2023 was 0.00.

Hello Pal International's long-term debt to total assets ratio declined from Nov. 2021 (0.01) to Feb. 2023 (0.00). It may suggest that Hello Pal International is progressively becoming less dependent on debt to grow their business.

Hello Pal International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hello Pal International'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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Hello Pal International LT-Debt-to-Total-Asset Chart

Hello Pal International Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

LT-Debt-to-Total-Asset

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0.37

0.40

0.02

0.01

Hello Pal International Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Nov22	Feb23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	-

Hello Pal International LT-Debt-to-Total-Asset Calculation

Hello Pal International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (A: Feb. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2023 )	/	Total Assets (A: Feb. 2023 )
	=	0.001	/	15.854
	=	0.00

Hello Pal International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (Q: Feb. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2023 )	/	Total Assets (Q: Feb. 2023 )
	=	0.001	/	15.854
	=	0.00

Hello Pal International (XCNQ:HP) 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.

Hello Pal International LT-Debt-to-Total-Asset Related Terms

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Hello Pal International (XCNQ:HP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hello Pal International Inc (XCNQ:HP) » Definitions » LT-Debt-to-Total-Asset

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HLLPF:USA

Address

200 - 550 Denman Street, Vancouver, BC, CAN, V6G 3H1

Website

https://www.hellopal.com

Hello Pal International Inc is a proprietary suite of mobile applications built on a user-friendly messaging interface that focuses on social interaction, language learning, and travel. It has been designed from the ground up to be easy to use and enables users the freedom to speak in their own language regardless of the other person's language they are speaking. The firm operates in two different reportable segments international live-streaming segment, which provides online live-streaming services. and Cryptocurrency mining segment, which provides cryptocurrency computing services to blockchain platforms, and the majority of its revenue comes from live streaming segments.