MGPRF (PlasCred Circular Innovations) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is PlasCred Circular Innovations 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. PlasCred Circular Innovations's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

PlasCred Circular Innovations's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

PlasCred Circular Innovations LT-Debt-to-Total-Asset Historical Data

The historical data trend for PlasCred Circular Innovations'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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PlasCred Circular Innovations LT-Debt-to-Total-Asset Chart

PlasCred Circular Innovations Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

PlasCred Circular Innovations Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	-

PlasCred Circular Innovations LT-Debt-to-Total-Asset Calculation

PlasCred Circular Innovations'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	/	1.571
	=

PlasCred Circular Innovations'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	/	0.673
	=

PlasCred Circular Innovations (OTCPK:MGPRF) 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.

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PlasCred Circular Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (OTCPK:MGPRF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

XV2:Germany PLAS:Canada

Address

715 - 5th Avenue SW, Suite 815, Vancouver, BC, CAN, T2P 2X6

Website

https://www.plascred.com

PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.