GURUFOCUS.COM » STOCK LIST » Technology » Software » Vocodia Holdings Corp (OTCPK:VHAI) » Definitions » LT-Debt-to-Total-Asset

VHAI (Vocodia Holdings) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Vocodia Holdings 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. Vocodia Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.23.

Vocodia Holdings's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.23). It may suggest that Vocodia Holdings is progressively becoming more dependent on debt to grow their business.

Vocodia Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vocodia Holdings'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.

Vocodia Holdings LT-Debt-to-Total-Asset Chart

Vocodia Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.24 0.07 0.05

Vocodia Holdings Quarterly Data
Dec20 Sep21 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.05 0.06 0.15 0.23

Vocodia Holdings LT-Debt-to-Total-Asset Calculation

Vocodia Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0.233/4.459
=0.05

Vocodia Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=0.114/0.492
=0.23

* 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.

Vocodia Holdings  (OTCPK:VHAI) 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.

Vocodia Holdings LT-Debt-to-Total-Asset Related Terms

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

Vocodia Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Vocodia Holdings Corp (OTCPK:VHAI) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
ATCH VISM ZPTA SMME DCLT IPSI ATDS OLB CETX MARK MSFT ORCL PLTR PANW CRWD FTNT SNPS XAMS:ADYEN NET XYZ
Traded in Other Exchanges
N/A
Address
6401 Congress Avenue, Suite No. 160, Boca Raton, FL, USA, 33487
Website
https://www.vocodia.com
Vocodia Holdings Corp is an AI software company that builds practical AI functions and makes them easily obtainable for businesses on cloud-based platform solutions at low costs and scalable to multiagent vast enterprise solutions..