Inverite Insights (XCNQ:INVR) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Inverite Insights 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. Inverite Insights's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Inverite Insights's long-term debt to total assets ratio declined from Jun. 2023 (0.00) to Dec. 2024 (0.00). It may suggest that Inverite Insights is progressively becoming less dependent on debt to grow their business.

Inverite Insights LT-Debt-to-Total-Asset Historical Data

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

Inverite Insights Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

1.06

1.20

1.08

1.18

0.86

Inverite Insights Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Inverite Insights LT-Debt-to-Total-Asset Calculation

Inverite Insights's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	5.179	/	6.031
	=	0.86

Inverite Insights'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	/	2.417
	=	0.00

Inverite Insights (XCNQ:INVR) 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.

Inverite Insights LT-Debt-to-Total-Asset Related Terms

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Inverite Insights Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Inverite Insights Inc (XCNQ:INVR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

INVRF:USA

Address

999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2.

Website

https://www.inverite.com

Inverite Insights Inc provides AI-driven software focusing on real-time financial data, which empowers business lenders and financial institutions to transact effectively for data enrichment, identify-KYC, risk management, and compliance. The company operates a cloud-based transactional and Risk Model as a Service (RMaaS) platform; and offers open banking and consumer-directed finance solutions, including banking verification solutions to the financial services industry for income verification, credit decisioning, fraud reduction, and know-your-client/anti-money laundering purposes.

Executives

Bradley Nixon Scharfe	10% Security Holder
Michele Marrandino	10% Security Holder, Director, Senior Officer

Inverite Insights Headlines

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