Integrated Cyber Solutions (XCNQ:ICS) LT-Debt-to-Total-Asset : 4.11 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Integrated Cyber Solutions 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. Integrated Cyber Solutions's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 4.11.

Integrated Cyber Solutions's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (4.11). It may suggest that Integrated Cyber Solutions is progressively becoming more dependent on debt to grow their business.

Integrated Cyber Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Integrated Cyber Solutions'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.

Integrated Cyber Solutions LT-Debt-to-Total-Asset Chart

Integrated Cyber Solutions Annual Data

Trend

Jun22

Jun23

LT-Debt-to-Total-Asset

4.91

Integrated Cyber Solutions Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	4.91	4.11

Integrated Cyber Solutions LT-Debt-to-Total-Asset Calculation

Integrated Cyber Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	0.28	/	0.057
	=	4.91

Integrated Cyber Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.271	/	0.066
	=	4.11

Integrated Cyber Solutions (XCNQ:ICS) 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.

Integrated Cyber Solutions LT-Debt-to-Total-Asset Related Terms

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

Integrated Cyber Solutions (XCNQ:ICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Integrated Cyber Solutions Inc (XCNQ:ICS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Stiles Road, Salem, NH, USA, 03079

Website

https://www.integrated-cyber.com

Integrated Cyber Solutions Inc delivers cyber services to small-to-medium businesses by integrating various third-party security service providers into the IC360 operating system. In addition to providing key cybersecurity services, Integrated Cyber correlates information across multiple siloed platforms in their customers' environments to help them understand and manage their environments with simple, understandable, and actionable insights. The company emphasizes the human side of cybersecurity management, simplifying cyber concepts, and focusing on the critical role employee behavior plays in a company's cyber defenses. Its services include Vulnerability Management, MDR/XDR, and Cyber Training and awareness.

Integrated Cyber Solutions (XCNQ:ICS) Headlines

No Headlines