Exeo Entertainment (Exeo Entertainment) LT-Debt-to-Total-Asset : 0.38 (As of Feb. 2022)

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What is Exeo Entertainment 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. Exeo Entertainment's long-term debt to total assests ratio for the quarter that ended in Feb. 2022 was 0.38.

Exeo Entertainment's long-term debt to total assets ratio increased from Feb. 2021 (0.16) to Feb. 2022 (0.38). It may suggest that Exeo Entertainment is progressively becoming more dependent on debt to grow their business.

Exeo Entertainment LT-Debt-to-Total-Asset Historical Data

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

Exeo Entertainment Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

LT-Debt-to-Total-Asset

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0.05

0.04

0.03

0.18

0.21

Exeo Entertainment Quarterly Data
	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.13	0.11	0.21	0.38

Exeo Entertainment LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Nov. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2021 )	/	Total Assets (A: Nov. 2021 )
	=	0.042	/	0.202
	=	0.21

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

LT Debt to Total Assets (Q: Feb. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2022 )	/	Total Assets (Q: Feb. 2022 )
	=	0.074	/	0.195
	=	0.38

Exeo Entertainment (OTCPK:EXEO) 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.

Exeo Entertainment LT-Debt-to-Total-Asset Related Terms

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Exeo Entertainment (Exeo Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Exeo Entertainment Inc (OTCPK:EXEO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118

Website

https://www.exeoent.com

Exeo Entertainment Inc is a United States based company engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music and smart television sector. The company is focused on the development of Psyko, which is a surround sound gaming headphone for consoles; Krankz MAXX Bluetooth wireless headphones; Zaaz Smart television keyboards; the Extreme Gamer; a multi-disc video game changer, and an Android-based portable gaming system.

Executives

Robert Scott Amaral	director, 10 percent owner, officer: CEO	4478 WAGON TRAIL AVE, LAS VEGAS NV 89118
Jeffrey Alan Weiland	director, 10 percent owner, officer: President	4478 WAGON TRAIL AVE, LAS VEGAS NV 89118

Exeo Entertainment (Exeo Entertainment) Headlines

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