CLRI (Cleartronic) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Cleartronic 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. Cleartronic's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Cleartronic's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.00). It may suggest that Cleartronic is progressively becoming less dependent on debt to grow their business.

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

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

Cleartronic Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.22

0.01

Cleartronic Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	-	-	-

Cleartronic LT-Debt-to-Total-Asset Calculation

Cleartronic's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	0	/	1.299
	=	0.00

Cleartronic'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 )
	=	0	/	1.299
	=	0.00

Cleartronic (OTCPK:CLRI) 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.

Cleartronic LT-Debt-to-Total-Asset Related Terms

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Cleartronic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cleartronic Inc (OTCPK:CLRI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

28050 S Highway 19 N, Ste 310, Clearwater, FL, USA, 33761

Website

https://www.cleartronic.com

Cleartronic Inc is engaged in the provision of Internet protocol unified group communication solutions. It designs, builds, and installs unified group communication solutions, including hardware and customized software for public and private enterprises and markets. The company has a wholly-owned subsidiary- ReadyOp Communications, Inc. All of the operations of the company are conducted through its subsidiary only. The company generates revenue through the Licensing of ReadyOp Software, and Hardware Sales and Consulting.

Executives

Larry M Reid

director, 10 percent owner, officer: President

8000 NORTH FEDERAL HIGHWAY, SUITE #100, BOCA RATON FL 33487

Cleartronic Headlines

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Cleartronic, Inc. Reports 2022 Year-End Financial Results

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Cleartronic, Inc. Announces Strategic Acquisition of Alastar

By ACCESSWIRE • 08-08-2024

Cleartronic, Inc. Announces Second Quarter 2023 Financial Results

By ACCESSWIRE ACCESSWIRE • 05-31-2023

Uninterrupted Operations with ReadyOp Amid Global Crowdstrike Outage

By ACCESSWIRE • 07-24-2024

Cleartronic's Board Approves Stock Repurchase Program

By ACCESSWIRE ACCESSWIRE • 01-12-2023