TCCO (Technical Communications) LT-Debt-to-Total-Asset: 1.92 (As of Jun. 2023)


TCCO Technical Communications Corp TCCO
12 GF Score
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What is Technical Communications LT-Debt-to-Total-Asset?

Technical Communications TCCO 12 LT-Debt-to-Total-Asset is 1.92 as of Jun. 2023. GuruFocus rates TCCO with a GF Score™ of 12/100.

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. Technical Communications's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 1.92.

Technical Communications's long-term debt to total assets ratio increased from Jun. 2022 (0.17) to Jun. 2023 (1.92). It may suggest that Technical Communications is progressively becoming more dependent on debt to grow their business.

Technical Communications  (OTCPK:TCCO) 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.

Technical Communications LT-Debt-to-Total-Asset Related Terms

Technical Communications LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Technical Communications'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.

Technical Communications LT-Debt-to-Total-Asset Chart

Technical Communications Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.17 0.17 0.12

Technical Communications Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.17 0.12 0.10 2.04 1.92
TCCO
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Technical Communications Corp TCCO
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Technical Communications LT-Debt-to-Total-Asset Calculation

Technical Communications's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (A: Sep. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2022 )/Total Assets (A: Sep. 2022 )
=0.232/1.951
=0.12

Technical Communications's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=3.204/1.667
=1.92

* 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 1.92 mean?
Technical Communications (TCCO) has a LT-Debt-to-Total-Asset of 1.92 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Technical Communications and its competitors.
Is Technical Communications' LT-Debt-to-Total-Asset too high?
Technical Communications' current LT-Debt-to-Total-Asset is 1.92. Overall, Technical Communications has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Technical Communications' LT-Debt-to-Total-Asset compare to CASSQ and TPTW?
Technical Communications' LT-Debt-to-Total-Asset of 1.92 can be compared against companies in the Hardware 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 Hardware company?
A good LT-Debt-to-Total-Asset depends on the Hardware 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 Technical Communications and its competitors. Technical Communications's current LT-Debt-to-Total-Asset is 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Communications stock overvalued right now?
Technical Communications (TCCO) has a current LT-Debt-to-Total-Asset of 1.92. The current LT-Debt-to-Total-Asset is 1.92. Technical Communications' overall GF Score™ is 12/100. 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 Technical Communications (TCCO), the current LT-Debt-to-Total-Asset is 1.92 as of Jun. 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.

Technical Communications Business Description

Address 100 Domino Drive, Concord, MA, USA, 01742-2892
Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.
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