Nextgen Digital Platforms (XCNQ:NXT) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Nextgen Digital Platforms 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. Nextgen Digital Platforms's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Nextgen Digital Platforms's long-term debt to total assets ratio stayed the same from Jun. 2023 (0.00) to Sep. 2024 (0.00).

Nextgen Digital Platforms LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nextgen Digital Platforms'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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Nextgen Digital Platforms LT-Debt-to-Total-Asset Chart

Nextgen Digital Platforms Annual Data

Trend

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Nextgen Digital Platforms Quarterly Data
	Mar22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	-

Nextgen Digital Platforms LT-Debt-to-Total-Asset Calculation

Nextgen Digital Platforms's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0	/	0.436
	=	0.00

Nextgen Digital Platforms'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	/	0.298
	=

Nextgen Digital Platforms (XCNQ:NXT) 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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Nextgen Digital Platforms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nextgen Digital Platforms Inc (XCNQ:NXT) » Definitions » LT-Debt-to-Total-Asset

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Z12:Germany

Address

70 Trius Drive, Second Floor, Fredericton, NB, CAN, E3B 5E3

Website

https://www.nextgendigital.ca

Nextgen Digital Platforms Inc develops and acquires revenue-generating micro-technology digital platforms. It is developing a line of business referred to as Cloud AI Hosting (Cloud AI Hosting), a hardware-as-a-service business whereby the computing power of NextGen's specialized hardware workstations are leased to third-party end users for artificial intelligence applications, via a cloud-based portal.

Executives