Bantec (Bantec) Long-Term Debt : $8.89 Mil (As of Dec. 2023)

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What is Bantec Long-Term Debt?

Bantec's Long-Term Debt for the quarter that ended in Dec. 2023 was $8.89 Mil.

Bantec's quarterly Long-Term Debt increased from Jun. 2023 ($0.15 Mil) to Sep. 2023 ($8.85 Mil) and increased from Sep. 2023 ($8.85 Mil) to Dec. 2023 ($8.89 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 Long-Term Debt Historical Data

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.

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Bantec Long-Term Debt Chart

Bantec Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Debt

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1.28

1.79

0.30

0.13

8.85

Bantec Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Debt	Get a 7-Day Free Trial															0.13	0.15	0.15	8.85	8.89

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

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Bantec (Bantec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bantec Inc (OTCPK:BANT) » Definitions » Long-Term Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 Paterson Avenue, Little Falls, NJ, USA, 07424

Website

http://www.bantecinc.com

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 three operating segments; Howco, Drone LLC, and Bantec Sanitizing Inc.

Executives

Michael John Bannon	director, 10 percent owner, officer: President and CEO	138 4TH AVE, MILFORD CT 00460
Rodrigo Rangel Kuntz	director	AV. HENRIQUE PERES, 68 SL 03, MOGI DOS CRUZES D5 08735-400