CETI (Cyber Enviro-Tech) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2024)

View and export this data going back to . Start your Free Trial

What is Cyber Enviro-Tech 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. Cyber Enviro-Tech's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.27.

Cyber Enviro-Tech's long-term debt to total assets ratio declined from Sep. 2023 (0.42) to Sep. 2024 (0.27). It may suggest that Cyber Enviro-Tech is progressively becoming less dependent on debt to grow their business.

Cyber Enviro-Tech LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cyber Enviro-Tech'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.

* Premium members only.

Cyber Enviro-Tech LT-Debt-to-Total-Asset Chart

Cyber Enviro-Tech Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.39

0.18

0.52

Cyber Enviro-Tech Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.42	0.52	0.47	0.48	0.27

Cyber Enviro-Tech LT-Debt-to-Total-Asset Calculation

Cyber Enviro-Tech's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2.771	/	5.375
	=	0.52

Cyber Enviro-Tech's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1.547	/	5.767
	=	0.27

Cyber Enviro-Tech (OTCPK:CETI) 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.

Cyber Enviro-Tech LT-Debt-to-Total-Asset Related Terms

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

Cyber Enviro-Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cyber Enviro-Tech Inc (OTCPK:CETI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6991 East Camelback Road, Suite D-300, Scottsdale, AZ, USA, 85251

Website

https://www.cyberenviro.tech

Cyber Enviro-Tech Inc is water technology company focusing on the remediation of contaminated industrial wastewater with an initial emphasis on the oil & gas industry. Its water filtration and alternative energy systems has neural sensors, controls and networks, all connected to a cellular device.