VEF Radiotehnika RRR (ORSE:RRR1R) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2020)

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What is VEF Radiotehnika RRR 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. VEF Radiotehnika RRR's long-term debt to total assests ratio for the quarter that ended in Sep. 2020 was 0.00.

VEF Radiotehnika RRR's long-term debt to total assets ratio declined from Sep. 2019 (0.11) to Sep. 2020 (0.00). It may suggest that VEF Radiotehnika RRR is progressively becoming less dependent on debt to grow their business.

VEF Radiotehnika RRR LT-Debt-to-Total-Asset Historical Data

The historical data trend for VEF Radiotehnika RRR'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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VEF Radiotehnika RRR LT-Debt-to-Total-Asset Chart

VEF Radiotehnika RRR Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.10

0.11

VEF Radiotehnika RRR Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.11	-	-

VEF Radiotehnika RRR LT-Debt-to-Total-Asset Calculation

VEF Radiotehnika RRR's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	0.085	/	0.774
	=	0.11

VEF Radiotehnika RRR's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (Q: Sep. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2020 )	/	Total Assets (Q: Sep. 2020 )
	=	0	/	0.434
	=	0.00

VEF Radiotehnika RRR (ORSE:RRR1R) 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.

VEF Radiotehnika RRR LT-Debt-to-Total-Asset Related Terms

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VEF Radiotehnika RRR (ORSE:RRR1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VEF Radiotehnika RRR (ORSE:RRR1R) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Kurzemes prospekts 3, Riga, LVA, LV-1067

Website

http://www.rrr.lv

VEF Radiotehnika RRR is a Latvia based company engaged in the activity of purchase and sales of acoustic systems and their enclosures. It is also involved in the real estate renting services activity. The company primarily manufactures loudspeaker cabinets for companies in Italy, Germany and Czech Republic. Its products include Active Subwoofer, Center Channel, Floorstanding, Rigonda S Home Theater.

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