COUV (Corporate Universe) LT-Debt-to-Total-Asset: 0.07 (As of Sep. 2023)


What is Corporate Universe LT-Debt-to-Total-Asset?

Corporate Universe COUV LT-Debt-to-Total-Asset is 0.07 as of Sep. 2023.

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. Corporate Universe's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.07.

Corporate Universe's long-term debt to total assets ratio declined from Sep. 2022 (0.15) to Sep. 2023 (0.07). It may suggest that Corporate Universe is progressively becoming less dependent on debt to grow their business.

Corporate Universe  (OTCPK:COUV) 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.

Corporate Universe LT-Debt-to-Total-Asset Related Terms

Corporate Universe LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Corporate Universe'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.

Corporate Universe LT-Debt-to-Total-Asset Chart

Corporate Universe Annual Data
Trend Mar00 Mar01 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.12 0.00 0.19 0.11

Corporate Universe Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.11 0.12 0.12 0.07

Corporate Universe LT-Debt-to-Total-Asset Calculation

Corporate Universe's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0.272/2.42
=

Corporate Universe's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0.184/2.5
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.07 mean?
Corporate Universe (COUV) has a LT-Debt-to-Total-Asset of 0.07 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Corporate Universe and its competitors.
Is Corporate Universe's LT-Debt-to-Total-Asset too high?
Corporate Universe's current LT-Debt-to-Total-Asset is 0.07.
How does Corporate Universe's LT-Debt-to-Total-Asset compare to DLYT and CAPC?
Corporate Universe's LT-Debt-to-Total-Asset of 0.07 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Corporate Universe and its competitors. Corporate Universe's current LT-Debt-to-Total-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Universe stock overvalued right now?
Corporate Universe (COUV) has a current LT-Debt-to-Total-Asset of 0.07. The current LT-Debt-to-Total-Asset is 0.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Corporate Universe (COUV), the current LT-Debt-to-Total-Asset is 0.07 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Corporate Universe Business Description

Address 2093 Philadelphia Pike, Suite 8334, Claymont, DE, USA, 33431
Corporate Universe Inc along with its subsidiaries is engaged in developing next generation supercapacitor technology aimed at the grid and other energy storage applications.