LDDFF (Liberty Defense Holdings) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2024)

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What is Liberty Defense Holdings 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. Liberty Defense Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

Liberty Defense Holdings's long-term debt to total assets ratio declined from Sep. 2023 (0.13) to Sep. 2024 (0.12). It may suggest that Liberty Defense Holdings is progressively becoming less dependent on debt to grow their business.

Liberty Defense Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Liberty Defense Holdings'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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Liberty Defense Holdings LT-Debt-to-Total-Asset Chart

Liberty Defense Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.19

0.10

0.08

0.11

Liberty Defense Holdings 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															0.13	0.11	0.10	0.10	0.12

Liberty Defense Holdings LT-Debt-to-Total-Asset Calculation

Liberty Defense Holdings'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 )
	=	0.639	/	5.832
	=	0.11

Liberty Defense Holdings'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 )
	=	0.502	/	4.377
	=	0.11

Liberty Defense Holdings (OTCPK:LDDFF) 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.

Liberty Defense Holdings LT-Debt-to-Total-Asset Related Terms

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Liberty Defense Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Liberty Defense Holdings Ltd (OTCPK:LDDFF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

E30:Germany SCAN:Canada

Address

789 999 West Hastings Street, Vancouver, BC, CAN, V6C 2W2

Website

https://www.libertydefense.com

Liberty Defense Holdings Ltd provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Its HEXWAVE product, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. The company has also licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. It operates in a single segment being the research and development of new technology for the security industry.