Kontrol Technologies (FRA:1K8) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Kontrol Technologies 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. Kontrol Technologies's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Kontrol Technologies's long-term debt to total assets ratio declined from Sep. 2023 (0.16) to Sep. 2024 (0.01). It may suggest that Kontrol Technologies is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Kontrol 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.

* Premium members only.

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

Kontrol Technologies Annual Data

Trend

Aug14

Aug15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.26

0.33

0.02

0.04

0.02

Kontrol Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.02	0.22	0.01	0.01

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

Kontrol Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.306	/	15.553
	=	0.02

Kontrol Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0.16	/	13.792
	=	0.01

Kontrol Technologies (FRA:1K8) 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.

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

Thank you for viewing the detailed overview of Kontrol Technologies's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Kontrol Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kontrol Technologies Corp (FRA:1K8) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KNRLF:USA KNR:Canada

Address

11 Cidermill Avenue, Unit 211, Concord, ON, CAN, L4K 4B6

Website

https://www.kontrolcorp.com

Kontrol Technologies Corp is a provider of energy efficiency solutions to commercial energy consumers. Kontrol's market-based energy solutions are designed to reduce its customer's overall cost of energy while providing a corresponding reduction in Green House Gas (GHG) emissions. The Company operates in a single segment of the provision of energy compliance and consulting services. The company's geographical segments are the United States and Canada.

Kontrol Technologies Headlines

No Headlines