PREDQ (Predictive Technology Group) LT-Debt-to-Total-Asset: 0.05 (As of Mar. 2021)


What is Predictive Technology Group LT-Debt-to-Total-Asset?

Predictive Technology Group PREDQ -90.00% LT-Debt-to-Total-Asset is 0.05 as of Mar. 2021.

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. Predictive Technology Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2021 was 0.05.

Predictive Technology Group's long-term debt to total assets ratio increased from Mar. 2020 (0.04) to Mar. 2021 (0.05). It may suggest that Predictive Technology Group is progressively becoming more dependent on debt to grow their business.

Predictive Technology Group  (OTCPK:PREDQ) 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.

Predictive Technology Group LT-Debt-to-Total-Asset Related Terms

Predictive Technology Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Predictive Technology Group'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.

Predictive Technology Group LT-Debt-to-Total-Asset Chart

Predictive Technology Group Annual Data
Trend Aug06 Aug07 Jun16 Jun17 Jun18 Jun19 Jun20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.01 0.07

Predictive Technology Group Quarterly Data
Nov07 Feb08 May08 Jun16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.04 0.07 0.10 0.04 0.05

Predictive Technology Group LT-Debt-to-Total-Asset Calculation

Predictive Technology Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2020 is calculated as

LT Debt to Total Assets (A: Jun. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2020 )/Total Assets (A: Jun. 2020 )
=5.571/83.842
=0.07

Predictive Technology Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (Q: Mar. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2021 )/Total Assets (Q: Mar. 2021 )
=3.325/66.959
=0.05

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.05 mean?
Predictive Technology Group (PREDQ) has a LT-Debt-to-Total-Asset of 0.05 as of Mar. 2021. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Predictive Technology Group and its competitors.
Is Predictive Technology Group's LT-Debt-to-Total-Asset too high?
Predictive Technology Group's current LT-Debt-to-Total-Asset is 0.05.
How does Predictive Technology Group's LT-Debt-to-Total-Asset compare to GLMD and RCAR?
Predictive Technology Group's LT-Debt-to-Total-Asset of 0.05 can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Biotechnology company?
A good LT-Debt-to-Total-Asset depends on the Biotechnology industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Predictive Technology Group and its competitors. Predictive Technology Group's current LT-Debt-to-Total-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Predictive Technology Group stock overvalued right now?
Predictive Technology Group (PREDQ) has a current LT-Debt-to-Total-Asset of 0.05. The current LT-Debt-to-Total-Asset is 0.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Predictive Technology Group (PREDQ), the current LT-Debt-to-Total-Asset is 0.05 as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Predictive Technology Group Business Description

Address 2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109
Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.