Jemtec (TSXV:JTC) LT-Debt-to-Total-Asset : 0.05 (As of Jan. 2025)

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What is Jemtec 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. Jemtec's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.05.

Jemtec's long-term debt to total assets ratio increased from Jan. 2024 (0.00) to Jan. 2025 (0.05). It may suggest that Jemtec is progressively becoming more dependent on debt to grow their business.

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

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

Jemtec Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.08

0.06

Jemtec Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.06	0.06	0.05

Jemtec LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	0.175	/	2.896
	=	0.06

Jemtec's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	0.16	/	2.97
	=	0.05

Jemtec (TSXV:JTC) 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.

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

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Jemtec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jemtec Inc (TSXV:JTC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Fell Avenue, Suite 200, North Vancouver, Vancouver, BC, CAN, V7P 3S2

Website

https://www.jemtec.ca

Jemtec Inc is a provider of services and technologies for offender monitoring. The company's services include positioning systems, electronic monitoring, alcohol detection, and voice verification technologies. The Company's core business is the provision of services and technologies for offender monitoring with Canadian federal and provincial correctional departments. It also provides bail services. The company earns maximum revenue in the form of leasing, monitoring, activation, and bail.

Executives

Gordon Baker	Director
Paul Crossett	10% Security Holder
Eric Caton	Director, Senior Officer

Jemtec Headlines

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