BANT (Bantec) Long-Term Debt: $8.97 Mil (As of Jun. 2024)


What is Bantec Long-Term Debt?

Bantec BANT -99.00% Long-Term Debt is $8.97 Mil as of Jun. 2024.

Bantec's Long-Term Debt for the quarter that ended in Jun. 2024 was $8.97 Mil.

Bantec's quarterly Long-Term Debt increased from Dec. 2023 ($8.89 Mil) to Mar. 2024 ($8.94 Mil) and increased from Mar. 2024 ($8.94 Mil) to Jun. 2024 ($8.97 Mil).

Bantec's annual Long-Term Debt declined from Sep. 2021 ($0.30 Mil) to Sep. 2022 ($0.13 Mil) but then increased from Sep. 2022 ($0.13 Mil) to Sep. 2023 ($8.85 Mil).

Bantec  (OTCPK:BANT) 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.

Bantec Long-Term Debt Related Terms

Bantec Long-Term Debt Historical Data

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The historical data trend for Bantec'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.

Bantec Long-Term Debt Chart

Bantec Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Debt
Get a 7-Day Free Trial 1.28 1.79 0.30 0.13 8.85

Bantec Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Long-Term Debt 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 0.15 8.85 8.89 8.94 8.97
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $8.97 Mil mean?
Bantec (BANT) has a Long-Term Debt of $8.97 Mil as of Jun. 2024.
Is Bantec's Long-Term Debt too high?
Bantec's current Long-Term Debt is $8.97 Mil.
How does Bantec's Long-Term Debt compare to GE and RTX?
Bantec's Long-Term Debt of $8.97 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for an Aerospace & Defense company?
A good Long-Term Debt depends on the Aerospace & Defense industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Bantec's current Long-Term Debt is $8.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bantec stock overvalued right now?
Bantec (BANT) has a current Long-Term Debt of $8.97 Mil. The current Long-Term Debt is $8.97 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Bantec (BANT), the current Long-Term Debt is $8.97 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bantec Business Description

Address 37 Main Street, Sparta, NJ, USA, 07871
Bantec Inc along with its subsidiaries provides unmanned aerial vehicles (UAV) and related services. Principally, it is engaged in the business of research, design, development, testing, manufacturing, distribution, exportation, and integration of low-altitude UAV systems, services, and products. The company also provides procurement, distribution, and logistics services. It focuses on distributing, Drones and related services and Environmental/Construction products and services. The Company has operations based in Sparta, New Jersey and Vancouver, Washington.