CVALF (Covalon Technologies) LT-Debt-to-Total-Asset: 0.04 (As of Mar. 2026)

What is Covalon Technologies LT-Debt-to-Total-Asset?

Covalon Technologies CVALF -1.79% 83 LT-Debt-to-Total-Asset is 0.04 as of Mar. 2026. GuruFocus rates CVALF with a GF Score™ of 83/100 and a GF Value™ of $1.53 (Fairly Valued). The stock has 2 warning signs investors should review.

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. Covalon Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.04.

Covalon Technologies's long-term debt to total assets ratio increased from Mar. 2025 (0.00) to Mar. 2026 (0.04). It may suggest that Covalon Technologies is progressively becoming more dependent on debt to grow their business.

Covalon Technologies (OTCPK:CVALF) 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.

Covalon Technologies LT-Debt-to-Total-Asset Related Terms

Covalon Technologies LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Covalon Technologies'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.

Covalon Technologies LT-Debt-to-Total-Asset Chart

Covalon Technologies Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

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Sep25

LT-Debt-to-Total-Asset

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0.05

0.04

0.01

0.05

Covalon Technologies Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.00	0.02	0.05	0.05	0.04

83GF Score

Covalon Technologies Ltd CVALF

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Covalon Technologies LT-Debt-to-Total-Asset Calculation

Covalon Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

LT Debt to Total Assets (A: Sep. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2025 )	/	Total Assets (A: Sep. 2025 )
	=	1.175	/	26.112
	=	0.04

Covalon Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	1.051	/	24.184
	=	0.04

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.04 mean?

Covalon Technologies (CVALF) has a LT-Debt-to-Total-Asset of 0.04 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Covalon Technologies and its competitors.

Is Covalon Technologies' LT-Debt-to-Total-Asset too high?

Covalon Technologies' current LT-Debt-to-Total-Asset is 0.04. Overall, Covalon Technologies has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Covalon Technologies' LT-Debt-to-Total-Asset compare to ISRG and BDX?

Covalon Technologies' LT-Debt-to-Total-Asset of 0.04 can be compared against companies in the Medical Devices & Instruments 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 a Medical Devices & Instruments company?

A good LT-Debt-to-Total-Asset depends on the Medical Devices & Instruments 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 Covalon Technologies and its competitors. Covalon Technologies's current LT-Debt-to-Total-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Covalon Technologies stock overvalued right now?

Based on GuruFocus' analysis, Covalon Technologies (CVALF) is currently considered Fairly Valued. The stock's GF Value™ is $1.53, compared to a current price of $1.51 — trading 1.3% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.04. Covalon Technologies' overall GF Score™ is 83/100 with 2 warning signs to review. 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 Covalon Technologies (CVALF), the current LT-Debt-to-Total-Asset is 0.04 as of Mar. 2026. 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.

Is Covalon Technologies (CVALF) Overvalued in 2026?

Based on GuruFocus' analysis, Covalon Technologies stock appears to be undervalued. The current stock price of $1.51 is trading 1.3% below its estimated GF Value™ of $1.53. GuruFocus considers Covalon Technologies to be Fairly Valued.

Key valuation signals for CVALF:

LT-Debt-to-Total-Asset: 0.04
GF Value™: $1.53 vs. price of $1.51 (1.3% below fair value)
GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the CVALF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Covalon Technologies Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies TSXV:OTC TSXV:ZEN XCNQ:DTR XCNQ:EYE ISRG XPAR:EL TSE:7741 BDX XSWX:ALC MDLN RMD WST XSWX:STMN TSE:4543 XPAR:DIM COO SOLV OCSE:COLO B NZSE:FPH ALGN

Other Exchanges COV:Canada

Address 1660 Tech Avenue, Unit 5, Mississauga, ON, CAN, L4W 5S7

Website https://www.covalon.com

Covalon Technologies Ltd is engaged in the business of researching, developing, manufacturing, and marketing patent-protected medical products that improve patient outcomes in the areas of infection management, wound care, and surgical procedures. The company generates revenue through development contracts, licensing agreements, distribution contracts, and sales. Its products include IV dressings, surgical site protection products, vascular access protection products, and others, and its solutions include primary dressing cover, vascular access technologies, advanced wound care, sensitive skin solutions, custom medical coatings, and patient resource support.

83GF Score

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$1.51

Price

$1.53

GF Value

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