KWE (KWESST Micro Systems) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is KWESST Micro Systems 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. KWESST Micro Systems's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

KWESST Micro Systems's long-term debt to total assets ratio increased from Jun. 2023 (0.02) to Jun. 2024 (0.03). It may suggest that KWESST Micro Systems is progressively becoming more dependent on debt to grow their business.

KWESST Micro Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for KWESST Micro Systems'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.

KWESST Micro Systems LT-Debt-to-Total-Asset Chart

KWESST Micro Systems Annual Data

Trend

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

0.04

0.03

KWESST Micro Systems Quarterly Data
	Aug19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.02	0.03	0.03	0.04	0.03

KWESST Micro Systems LT-Debt-to-Total-Asset Calculation

KWESST Micro Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	0.223	/	8.69
	=	0.03

KWESST Micro Systems's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0.142	/	4.919
	=	0.03

KWESST Micro Systems (NAS:KWE) 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.

KWESST Micro Systems LT-Debt-to-Total-Asset Related Terms

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

KWESST Micro Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » KWESST Micro Systems Inc (NAS:KWE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

62U:Germany KWE:Canada

Address

155 Terence Matthews Crescent, Unit No. 1, Kanata, Ottawa, ON, CAN, K2M 2A8

Website

https://www.kwesst.com

KWESST Micro Systems Inc develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers and electronic detection.