TRIRF (Triterras) LT-Debt-to-Total-Asset : 0.01 (As of Aug. 2022)

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What is Triterras 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. Triterras's long-term debt to total assests ratio for the quarter that ended in Aug. 2022 was 0.01.

Triterras's long-term debt to total assets ratio stayed the same from Aug. 2021 (0.01) to Aug. 2022 (0.01).

Triterras LT-Debt-to-Total-Asset Historical Data

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

Triterras Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

LT-Debt-to-Total-Asset

0.01

Triterras Semi-Annual Data
	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.01	-	0.01	0.01	0.01

Triterras LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Feb. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2022 )	/	Total Assets (A: Feb. 2022 )
	=	1.194	/	170.76
	=	0.01

Triterras's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2022 is calculated as

LT Debt to Total Assets (Q: Aug. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2022 )	/	Total Assets (Q: Aug. 2022 )
	=	1.182	/	148.926
	=	0.01

Triterras (OTCPK:TRIRF) 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.

Triterras LT-Debt-to-Total-Asset Related Terms

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Triterras Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Triterras Inc (OTCPK:TRIRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23-04 Republic Plaza, 9 Raffles Place, Singapore, SGP, 048619

Website

https://www.triterras.com

Triterras Inc is a fintech company. The company is focused on trade and trade finance. Its technology platform facilitates commodities trading that connects and enables commodity traders to trade and source capital from lenders directly online. Also, the company focuses on credit insurance and logistics solutions for small and medium-sized enterprises using innovative blockchain-enabled technology.