Ubiquitech Software (Ubiquitech Software) LT-Debt-to-Total-Asset : 5.69 (As of Aug. 2023)

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What is Ubiquitech Software 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. Ubiquitech Software's long-term debt to total assests ratio for the quarter that ended in Aug. 2023 was 5.69.

Ubiquitech Software's long-term debt to total assets ratio increased from Nov. 2009 (0.00) to Aug. 2023 (5.69). It may suggest that Ubiquitech Software is progressively becoming more dependent on debt to grow their business.

Ubiquitech Software LT-Debt-to-Total-Asset Historical Data

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

Ubiquitech Software Annual Data

Trend

Aug08

LT-Debt-to-Total-Asset

Ubiquitech Software Quarterly Data
	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug22	Aug23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								-	-	-	-	5.69

Ubiquitech Software LT-Debt-to-Total-Asset Calculation

Ubiquitech Software's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2008 is calculated as

LT Debt to Total Assets (A: Aug. 2008 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2008 )	/	Total Assets (A: Aug. 2008 )
	=	0	/	0.002
	=

Ubiquitech Software's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (Q: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2023 )	/	Total Assets (Q: Aug. 2023 )
	=	1.121	/	0.197
	=	5.69

Ubiquitech Software (OTCPK:UBQU) 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.

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Ubiquitech Software (Ubiquitech Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ubiquitech Software Corp (OTCPK:UBQU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3570 East 12th Avenue, Denver, CO, USA, 80206

Website

https://www.cannazall.com

Ubiquitech Software Corp is a United States-based multi-media, multi-faceted company. It is engaged in utilizing global internet marketing, direct response television, radio, and traditional marketing to drive traffic to the new industries. The company also focuses on developing Cannabidiol (CBD) Hemp derived products. It owns the proprietary CBD brand CannazALL. The company offers the products through its internally designed and operated web portal www.cannazall.com.

Executives

Young Yuen

director, 10 percent owner, officer: CEO/Pres/Secretary/Treasurer

7435 S. EASTERN AVENUE, SUITE 5, LAS VEGAS NV 89123