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Comtech Telecommunications (FRA:CC6) LT-Debt-to-Total-Asset : 0.04 (As of Jan. 2025)


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What is Comtech Telecommunications 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. Comtech Telecommunications's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.04.

Comtech Telecommunications's long-term debt to total assets ratio increased from Jan. 2024 (0.03) to Jan. 2025 (0.04). It may suggest that Comtech Telecommunications is progressively becoming more dependent on debt to grow their business.


Comtech Telecommunications LT-Debt-to-Total-Asset Historical Data

The historical data trend for Comtech Telecommunications'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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Comtech Telecommunications LT-Debt-to-Total-Asset Chart

Comtech Telecommunications Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.24 0.18 0.20 0.22

Comtech Telecommunications Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.03 0.19 0.22 0.04 0.04

Comtech Telecommunications LT-Debt-to-Total-Asset Calculation

Comtech Telecommunications's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )/Total Assets (A: Jul. 2024 )
=185.086/841.264
=0.22

Comtech Telecommunications's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )/Total Assets (Q: Jan. 2025 )
=27.692/744.362
=0.04

* 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.


Comtech Telecommunications  (FRA:CC6) 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.


Comtech Telecommunications LT-Debt-to-Total-Asset Related Terms

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Comtech Telecommunications Business Description

Traded in Other Exchanges
Address
305 North 54th Street, Chandler, AZ, USA, 85226
Comtech Telecommunications Corp is a provider of modern communications solution incorporated in USA. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. It's Space and satellite is USA based providers of modems and high-power amplifiers, a market leader in troposcatter technologies, and serves some of the world's defense contractors and allied foreign governments. Terrestrial and Wireless Networks segment is a provider of next generation 911 infrastructure and solutions for state and local governments and carriers. Majority of sales are generated from Satellite and Space Communications segment.

Comtech Telecommunications Headlines

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