POSaBIT Systems (POSaBIT Systems) Long-Term Debt

: $2.87 Mil (As of Sep. 2023)

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POSaBIT Systems's Long-Term Debt for the quarter that ended in Sep. 2023 was $2.87 Mil.

POSaBIT Systems's quarterly Long-Term Debt increased from Mar. 2023 ($2.84 Mil) to Jun. 2023 ($2.86 Mil) and increased from Jun. 2023 ($2.86 Mil) to Sep. 2023 ($2.87 Mil).

POSaBIT Systems's annual Long-Term Debt declined from Dec. 2020 ($0.14 Mil) to Dec. 2021 ($0.14 Mil) but then increased from Dec. 2021 ($0.14 Mil) to Dec. 2022 ($0.31 Mil).

POSaBIT Systems Long-Term Debt Historical Data

The historical data trend for POSaBIT Systems's Long-Term Debt 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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POSaBIT Systems Annual Data

Trend

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Long-Term Debt

0.40

0.14

0.31

POSaBIT Systems Quarterly Data
	Oct18	Jan19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Debt																0.25	0.31	2.84	2.86	2.87

POSaBIT Systems (OTCPK:POSAF) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

POSaBIT Systems Long-Term Debt Related Terms

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POSaBIT Systems (POSaBIT Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » POSaBIT Systems Corp (OTCPK:POSAF) » Definitions » Long-Term Debt

Comparable Companies

Traded in Other Exchanges

PBIT:Canada

Address

11915 124th Ave NE, Kirkland, WA, USA, 98034

Website

https://www.posabit.com

POSaBIT Systems Corp is a financial technology company. The company involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The majority of its revenue comes from Payment Services, which generates revenues via setup costs, hardware costs, transaction fees, and convenience fees. Its geographical segments are Canada and the United States, of which all of its revenues come from the United States.