CNQQF (Clean Teq Water) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2024)

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What is Clean Teq Water 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. Clean Teq Water's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.16.

Clean Teq Water's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.16). It may suggest that Clean Teq Water is progressively becoming more dependent on debt to grow their business.

Clean Teq Water LT-Debt-to-Total-Asset Historical Data

The historical data trend for Clean Teq Water'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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Clean Teq Water LT-Debt-to-Total-Asset Chart

Clean Teq Water Annual Data

Trend

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Clean Teq Water Semi-Annual Data
	Dec20	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	0.16

Clean Teq Water LT-Debt-to-Total-Asset Calculation

Clean Teq Water's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0	/	8.886
	=	0.00

Clean Teq Water's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1.398	/	8.716
	=	0.16

Clean Teq Water (OTCPK:CNQQF) 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.

Clean Teq Water LT-Debt-to-Total-Asset Related Terms

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Clean Teq Water Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Clean Teq Water Ltd (OTCPK:CNQQF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

9NK:Germany CNQ:Australia

Address

21 Howleys Road, Unit 12, Notting Hill, VIC, AUS, 3168

Website

https://www.cleanteqwater.com

Clean Teq Water Ltd provides inventive metals recovery and water treatment solutions for governments and companies. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. It focuses on sectors such as municipal wastewater, surface water, industrial wastewater and mining process water. The company has offices and laboratories in Melbourne, Perth, Beijing and Tianjin, and partner offices in Africa and Latin America.

Clean Teq Water Headlines

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