Zedcor (TSXV:ZDC) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2024)

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What is Zedcor 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. Zedcor's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.32.

Zedcor's long-term debt to total assets ratio declined from Dec. 2023 (0.50) to Dec. 2024 (0.32). It may suggest that Zedcor is progressively becoming less dependent on debt to grow their business.

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

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

Zedcor Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.69

0.68

0.51

0.50

0.32

Zedcor 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															0.50	0.51	0.31	0.28	0.32

Zedcor LT-Debt-to-Total-Asset Calculation

Zedcor'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 )
	=	21.221	/	67.451
	=	0.31

Zedcor'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 )
	=	21.221	/	67.451
	=	0.31

Zedcor (TSXV:ZDC) 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.

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

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Zedcor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zedcor Inc (TSXV:ZDC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ZDCAF:USA

Address

151 Canada Olympic Road SW, Suite 300, Calgary, AB, CAN, T3B 6B7

Website

https://www.zedcor.ca

Zedcor Inc is engaged in providing security & surveillance services, and rental of surface equipment & accommodations in Western Canada. The company operates in one segment namely, Security & Surveillance. The firm offers three main services to customers across all market segments such as surveillance and live monitoring through its proprietary MobileyeZ security towers; surveillance and live monitoring of fixed site locations; and security personnel.

Executives

Kyle Jay Cammann Doenz	Senior Officer
Brian Desmond Mcgill	Director
Antonio Ciarla	Senior Officer
Dean Sylvan Swanberg	10% Security Holder, Director, Senior Officer
Jan Marie Campbell	Senior Officer
James Joseph Leganchuk	Senior Officer
Todd Ziniuk	Senior Officer
Amin Nazamuddin Ladha	Senior Officer
Dean Myles Shillington	Director
Wade Robert Arthur Felesky	Director

Zedcor Headlines

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