VRTC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
VRTC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Veritec's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.
Veritec's long-term debt to total assets ratio stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).
The historical data trend for Veritec'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.
Veritec Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
LT-Debt-to-Total-Asset | Get a 7-Day Free Trial | - | 0.47 | - | - | - |
Veritec Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
LT-Debt-to-Total-Asset | Get a 7-Day Free Trial | - | - | - | - | - |
Veritec's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as
LT Debt to Total Assets (A: Jun. 2024 ) | = | Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 ) | / | Total Assets (A: Jun. 2024 ) |
= | 0 | / | 0.132 | |
= | 0.00 |
Veritec's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as
LT Debt to Total Assets (Q: Jun. 2024 ) | = | Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 ) | / | Total Assets (Q: Jun. 2024 ) |
= | 0 | / | 0.132 | |
= | 0.00 |
* 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.
Veritec (OTCPK:VRTC) 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.
Thank you for viewing the detailed overview of Veritec's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Matthews Group, Llc | 10 percent owner | 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427 |
Van Thuy Tran | director, 10 percent owner, officer: CEO & President | 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427 |
Lawrence J Johanns | 10 percent owner | 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427 |
Laird E. Powers | director | 530 HAWTHORNE COURT, LOS ALTOS CA 94024 |
David Christopher Reiling | director | 4516 FREMONT AVENUE SOUTH, MINNEAPOLIS MN 55419 |
Robert W Junghans | director | 2 SKILLMAN LANE, NORTH OAKS MN 55127 |
Jeffrey J Hattara | officer: Chief Executive Officer | 319 BARRY AVENUE SOUTH, SUITE 300, WAYZATA MN 55391 |
Gerald David Fors | officer: CFO | 7321-15TH AVE. SO., RICHFIELD MN 55423 |
Larry Matthews | director | 7601 5TH AVE., RICHFIELD MN 55423 |
Charles E Boyer | director |
From GuruFocus
By PRNewswire PRNewswire • 05-23-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.