TruTrace Technologies (XCNQ:TTT) Debt-to-Asset : 9.28 (As of Jan. 2023)

TruTrace Technologies Debt-to-Asset Chart

TruTrace Technologies Annual Data
	Trend	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Apr19	Apr20	Apr21	Apr22
Debt-to-Asset		Get a 7-Day Free Trial					0.09	-	2.69	0.09	5.86

TruTrace Technologies Quarterly Data
	Mar18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Debt-to-Asset	Get a 7-Day Free Trial															0.20	5.86	3.42	8.45	9.28

Competitive Comparison of TruTrace Technologies's Debt-to-Asset

For the Software - Application subindustry, TruTrace Technologies'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.

TruTrace Technologies's Debt-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where TruTrace Technologies's Debt-to-Asset falls into.

TruTrace Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TruTrace Technologies's Debt-to-Asset for the fiscal year that ended in Apr. 2022 is calculated as

TruTrace Technologies's Debt-to-Asset for the quarter that ended in Jan. 2023 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.

TruTrace Technologies  (XCNQ:TTT) 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.

TruTrace Technologies Debt-to-Asset Related Terms

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

TruTrace Technologies Business Description