VSQTF (Victory Square Technologies) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Victory Square Technologies 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. Victory Square Technologies's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Victory Square Technologies's long-term debt to total assets ratio declined from Sep. 2023 (0.23) to Sep. 2024 (0.00). It may suggest that Victory Square Technologies is progressively becoming less dependent on debt to grow their business.

Victory Square Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Victory Square Technologies'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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Victory Square Technologies LT-Debt-to-Total-Asset Chart

Victory Square Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.02

0.19

0.34

Victory Square Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.34	0.36	0.42	-

Victory Square Technologies LT-Debt-to-Total-Asset Calculation

Victory Square Technologies'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 )
	=	3.015	/	8.784
	=	0.34

Victory Square Technologies'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 )
	=	0.046	/	11.355
	=	0.00

Victory Square Technologies (OTCPK:VSQTF) 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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Victory Square Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Victory Square Technologies Inc (OTCPK:VSQTF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

6F6:Germany VST:Canada

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.victorysquare.com

Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming.