Vecima Networks (TSX:VCM) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Vecima Networks 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. Vecima Networks's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Vecima Networks's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.04). It may suggest that Vecima Networks is progressively becoming more dependent on debt to grow their business.

Vecima Networks LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vecima Networks'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.

* Premium members only.

Vecima Networks LT-Debt-to-Total-Asset Chart

Vecima Networks Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.06

0.04

Vecima Networks Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	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															-	0.03	0.04	0.04	0.04

Vecima Networks LT-Debt-to-Total-Asset Calculation

Vecima Networks's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	15.399	/	387.823
	=	0.04

Vecima Networks'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 )
	=	15.221	/	365.926
	=	0.04

Vecima Networks (TSX:VCM) 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.

Vecima Networks LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Vecima Networks's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Vecima Networks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vecima Networks Inc (TSX:VCM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VNWTF:USA VCM:Germany

Address

771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8

Website

https://www.vecima.com

Vecima Networks Inc is engaged in Video and Broadband Solutions business designs, manufactures and sells products for the cable industry. The Company's Content Delivery and Storage business includes solutions and software for industries and customers that focus on storing, protecting, transforming, and delivering high-value media assets. The Company's Telematics business provides fleet managers key information and analytics require to optimally manage business.

Executives

Sumit Kumar	Deemed Insider - 6 Months before becoming Insider, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Surinder Ghai Kumar	10% Security Holder, Director
Saket Kumar	Deemed Insider - 6 Months before becoming Insider, Director or Senior Officer of 10% Security Holder, Senior Officer
684739 B.c. Ltd.	10% Security Holder
David Whitborne Rowat	Director
Richard Dean Rockwell	Senior Officer
Scott Blair Edmonds	Director
Clay Mccreery	Senior Officer
Danial Faizullabhoy	Director
Ryan Nicometo	Senior Officer
Peter Torn	Senior Officer
Derek Jason Elder	Director
Dwayne Albert Vinck	Senior Officer
Nico Civelli	Director
Yisrael Dov Meyer	Senior Officer

Vecima Networks Headlines

No Headlines