Ciscom (XCNQ:CISC) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Ciscom 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. Ciscom's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Ciscom's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.06). It may suggest that Ciscom is progressively becoming less dependent on debt to grow their business.

Ciscom LT-Debt-to-Total-Asset Historical Data

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

Ciscom Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.19

0.13

0.09

0.06

Ciscom Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.09	0.08	0.06	0.09	0.06

Ciscom LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	0.911	/	14.629
	=	0.06

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.911	/	14.629
	=	0.06

Ciscom (XCNQ:CISC) 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.

Ciscom LT-Debt-to-Total-Asset Related Terms

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Ciscom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ciscom Corp (XCNQ:CISC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CISCF:USA

Address

20 Bay Street, Suite 1110, Toronto, ON, CAN, M5J 2N8

Website

https://www.ciscomcorp.com

Ciscom Corp invests in, acquires, and manages the Information and Communication Technology (ICT) sector companies with a specialty in AdTech/MarTech, targeting SMEs. This allows entrepreneurs to monetize their equity and continue contributing, enhancing shareholder value through acquisitions. Through its subsidiaries, it optimizes advertising spending across platforms, ensuring ROI and customer engagement. Its strategic ICT acquisitions enhance services, increase shareholder value, and establish the company as a key player in the technology and data-driven market.

Executives

Frank Linhart	Senior Officer
Angel Valov	Director
Paul Raymond Gaynor	Director
Drew Reid	10% Security Holder

Ciscom Headlines

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