AdvanceTC (AdvanceTC) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2022)

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What is AdvanceTC LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. AdvanceTC's long-term debt to total assests ratio for the quarter that ended in Jun. 2022 was 0.00.

AdvanceTC's long-term debt to total assets ratio stayed the same from Jun. 2021 (0.00) to Jun. 2022 (0.00).

AdvanceTC LT-Debt-to-Total-Asset Historical Data

The historical data trend for AdvanceTC's LT-Debt-to-Total-Asset 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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AdvanceTC LT-Debt-to-Total-Asset Chart

AdvanceTC Annual Data

Trend

Dec20

Dec21

LT-Debt-to-Total-Asset

AdvanceTC Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22
LT-Debt-to-Total-Asset	-	-	-	-	-

AdvanceTC LT-Debt-to-Total-Asset Calculation

AdvanceTC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	0	/	0.256
	=

AdvanceTC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (Q: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2022 )	/	Total Assets (Q: Jun. 2022 )
	=	0	/	0.084
	=

AdvanceTC (OTCPK:ATCLF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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AdvanceTC (AdvanceTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AdvanceTC Ltd (OTCPK:ATCLF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

210 George Street, Level 8, Sydney, NSW, AUS, 2000

Website

https://www.advancetc.com

AdvanceTC Ltd is engaged in the design, development and commercialisation of high tech mobile wireless computing and telecommunication devices. It is the creator of the MAGIC brand of mobile computing devices and operates development facilities in Malaysia including its proprietary software and applications services.