Cannagistics (Cannagistics) LT-Debt-to-Total-Asset : 0.00 (As of Apr. 2022)

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What is Cannagistics 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. Cannagistics's long-term debt to total assests ratio for the quarter that ended in Apr. 2022 was 0.00.

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

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

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

Cannagistics Annual Data

Trend

Jul08

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

LT-Debt-to-Total-Asset

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1.86

0.23

0.66

Cannagistics Quarterly Data
	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Cannagistics LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jul. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2021 )	/	Total Assets (A: Jul. 2021 )
	=	0	/	0.045
	=

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

LT Debt to Total Assets (Q: Apr. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2022 )	/	Total Assets (Q: Apr. 2022 )
	=	0	/	0.082
	=

Cannagistics (OTCPK:CNGT) 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.

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

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