Inventronics (TSXV:IVX) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2024)

View and export this data going back to 1970. Start your Free Trial

What is Inventronics 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. Inventronics's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.39.

Inventronics's long-term debt to total assets ratio declined from Dec. 2023 (0.40) to Dec. 2024 (0.39). It may suggest that Inventronics is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Inventronics'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.

Inventronics LT-Debt-to-Total-Asset Chart

Inventronics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.56

0.39

0.33

0.40

0.39

Inventronics 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															0.40	0.38	0.37	0.39	0.39

Inventronics LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2.25	/	5.713
	=	0.39

Inventronics'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 )
	=	2.25	/	5.713
	=	0.39

Inventronics (TSXV:IVX) 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.

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

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

Inventronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Inventronics Ltd (TSXV:IVX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1420 Van Horne Avenue East, Brandon, MB, CAN, R7A 7B6

Website

https://www.inventronics.com

Inventronics Ltd designs and manufactures custom protective enclosures and related products for the telecommunications, electric utility, cable television, oil and gas, electronics, and computer services industries in North America. Its product offerings include BD Pedestal Series, CP Pedestal Series, Bobcat Co-Locate Cabinet Series, NEMA 1/12 Cabinets & Enclosures, NEMA 4 / 4x Cabinets & Enclosures, and other related products.

Executives

W. Garth Wilson	10% Security Holder
Robert Paul Brookwell	Director
Serge Monette	10% Security Holder

Inventronics Headlines

No Headlines