Cryptoblox Technologies (XCNQ:BLOX) LT-Debt-to-Total-Asset : 0.01 (As of Jan. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Cryptoblox 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. Cryptoblox Technologies's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.01.

Cryptoblox Technologies's long-term debt to total assets ratio declined from Jan. 2023 (0.01) to Jan. 2024 (0.01). It may suggest that Cryptoblox Technologies is progressively becoming less dependent on debt to grow their business.

Cryptoblox Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cryptoblox 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.

* Premium members only.

Cryptoblox Technologies LT-Debt-to-Total-Asset Chart

Cryptoblox Technologies Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.01

Cryptoblox Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	-	-	0.01

Cryptoblox Technologies LT-Debt-to-Total-Asset Calculation

Cryptoblox Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	0.04	/	7.162
	=

Cryptoblox Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	0.04	/	7.162
	=

Cryptoblox Technologies (XCNQ:BLOX) 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.

Cryptoblox Technologies LT-Debt-to-Total-Asset Related Terms

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

Cryptoblox Technologies (XCNQ:BLOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cryptoblox Technologies Inc (XCNQ:BLOX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CRYBF:USA EVB0:Germany

Address

1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3

Website

https://www.cryptoblox.ca

Cryptoblox Technologies Inc is a Blockchain and Battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the exponentially growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. It focuses on developing and implementing blockchain, distributed ledger, closed-loop, and cryptocurrency services for government and commercial partners. The company has committed to assisting global recycling solutions by offering recycling initiatives using its technology to analyze and fully refurbish used batteries.

Executives

Maryam Amin Shanjani

Senior Officer