SPLTF (SpotLite360 IOT Solutions) LT-Debt-to-Total-Asset: 0.00 (As of Sep. 2023)

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What is SpotLite360 IOT Solutions LT-Debt-to-Total-Asset?

SpotLite360 IOT Solutions SPLTF -100.00% LT-Debt-to-Total-Asset is 0.00 as of Sep. 2023.

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. SpotLite360 IOT Solutions's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

SpotLite360 IOT Solutions's long-term debt to total assets ratio declined from Sep. 2022 (0.01) to Sep. 2023 (0.00). It may suggest that SpotLite360 IOT Solutions is progressively becoming less dependent on debt to grow their business.

SpotLite360 IOT Solutions  (OTCPK:SPLTF) 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.

SpotLite360 IOT Solutions LT-Debt-to-Total-Asset Related Terms

SpotLite360 IOT Solutions LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for SpotLite360 IOT Solutions'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.

SpotLite360 IOT Solutions LT-Debt-to-Total-Asset Chart

SpotLite360 IOT Solutions Annual Data
Trend Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.00 0.00

SpotLite360 IOT Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 0.00 0.00 0.00 0.00

SpotLite360 IOT Solutions LT-Debt-to-Total-Asset Calculation

SpotLite360 IOT Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0/2.464
=0.00

SpotLite360 IOT Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0/0.163
=

* 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 0.00 mean?
SpotLite360 IOT Solutions (SPLTF) has a LT-Debt-to-Total-Asset of 0.00 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on SpotLite360 IOT Solutions and its competitors.
Is SpotLite360 IOT Solutions' LT-Debt-to-Total-Asset too high?
SpotLite360 IOT Solutions' current LT-Debt-to-Total-Asset is 0.00.
How does SpotLite360 IOT Solutions' LT-Debt-to-Total-Asset compare to GEHC and VEEV?
SpotLite360 IOT Solutions' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good LT-Debt-to-Total-Asset depends on the Healthcare Providers & Services 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 SpotLite360 IOT Solutions and its competitors. SpotLite360 IOT Solutions's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpotLite360 IOT Solutions stock overvalued right now?
SpotLite360 IOT Solutions (SPLTF) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 SpotLite360 IOT Solutions (SPLTF), the current LT-Debt-to-Total-Asset is 0.00 as of Sep. 2023. 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.

SpotLite360 IOT Solutions Business Description

Address 789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
SpotLite360 IOT Solutions Inc is a supply chain and healthcare company focused on the delivery of a SaaS-based supply chain execution and sustainability platform for enterprise customers in the pharmaceutical, healthcare, and agricultural industries. Its Spotlite360 Software meets the customer needs for supply chain execution, tracing, tracking, and sustainability.