Canadian Large Cap Leaders Split (TSX:NPS) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is Canadian Large Cap Leaders Split 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. Canadian Large Cap Leaders Split's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Canadian Large Cap Leaders Split's long-term debt to total assets ratio stayed the same from . 20 (0.00) to Jun. 2024 (0.00).

Canadian Large Cap Leaders Split LT-Debt-to-Total-Asset Historical Data

The historical data trend for Canadian Large Cap Leaders Split'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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Canadian Large Cap Leaders Split LT-Debt-to-Total-Asset Chart

Canadian Large Cap Leaders Split Annual Data

Trend

LT-Debt-to-Total-Asset

Canadian Large Cap Leaders Split Quarterly Data
	Mar24	Jun24
LT-Debt-to-Total-Asset	-	-

Canadian Large Cap Leaders Split LT-Debt-to-Total-Asset Calculation

Canadian Large Cap Leaders Split's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Canadian Large Cap Leaders Split's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0	/	42.609
	=

Canadian Large Cap Leaders Split (TSX:NPS) 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.

Canadian Large Cap Leaders Split LT-Debt-to-Total-Asset Related Terms

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Canadian Large Cap Leaders Split Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Large Cap Leaders Split Corp (TSX:NPS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Bay street, Suite 2700, Royal Bank Plaza, South Tower, Toronto, ON, CAN, M5J 2J1

Website

https://www.ninepoint.com

Canadian Large Cap Leaders Split Corp is a mutual fund corporation. The company will be amended prior to closing to create the Preferred Shares and the Class A Shares. The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential quarterly cash distributions and the investment objectives for the Class A Shares are to provide their holders with regular monthly noncumulative cash distributions.