Mijem Newcomm Tech (XCNQ:MJEM) Debt-to-Asset : 3.75 (As of Jan. 2024)

Mijem Newcomm Tech Debt-to-Asset Chart

Mijem Newcomm Tech Quarterly Data
	Oct20	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Asset	Get a 7-Day Free Trial							-	-	-	0.95	3.75

Competitive Comparison of Mijem Newcomm Tech's Debt-to-Asset

For the Software - Application subindustry, Mijem Newcomm Tech's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mijem Newcomm Tech's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Mijem Newcomm Tech's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Mijem Newcomm Tech's Debt-to-Asset falls into.

Mijem Newcomm Tech Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mijem Newcomm Tech's Debt-to-Asset for the fiscal year that ended in Jul. 2023 is calculated as

Mijem Newcomm Tech's Debt-to-Asset for the quarter that ended in Jan. 2024 is calculated as

* 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.

Mijem Newcomm Tech  (XCNQ:MJEM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Mijem Newcomm Tech Debt-to-Asset Related Terms

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Mijem Newcomm Tech (XCNQ:MJEM) Business Description