VERSES AI (STU:M13) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is VERSES AI 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. VERSES AI's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

VERSES AI's long-term debt to total assets ratio increased from Dec. 2023 (0.01) to Dec. 2024 (0.03). It may suggest that VERSES AI is progressively becoming more dependent on debt to grow their business.

VERSES AI LT-Debt-to-Total-Asset Historical Data

The historical data trend for VERSES AI'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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VERSES AI LT-Debt-to-Total-Asset Chart

VERSES AI Annual Data

Trend

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.03

0.02

0.03

VERSES AI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.01	0.03	0.01	0.02	0.03

VERSES AI LT-Debt-to-Total-Asset Calculation

VERSES AI's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0.13	/	5.244
	=	0.02

VERSES AI's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.133	/	4.876
	=

VERSES AI (STU:M13) 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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VERSES AI Business Description

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VRSSF:USA VERS:Canada

Address

205 - 810 Quayside Drive, New Westminster, BC, CAN, V3M 6B9

Website

https://www.verses.ai

VERSES AI Inc is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, its flagship product, Genius, is a suite of tools for machine learning researchers and engineers to model complex dynamic systems and generate autonomous intelligent agents that continuously reason, plan, and learn. Imagine a Smarter World that elevates human potential through technology inspired by Nature.

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