Quebec Innovative Materials (XCNQ:QIMC) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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

Quebec Innovative Materials's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.00) to Dec. 2024 (0.00).

Quebec Innovative Materials LT-Debt-to-Total-Asset Historical Data

The historical data trend for Quebec Innovative Materials'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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Quebec Innovative Materials LT-Debt-to-Total-Asset Chart

Quebec Innovative Materials Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

Quebec Innovative Materials Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														-	-	-	-	-

Quebec Innovative Materials LT-Debt-to-Total-Asset Calculation

Quebec Innovative Materials's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	0	/	1.108
	=

Quebec Innovative Materials'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	/	0.848
	=

Quebec Innovative Materials (XCNQ:QIMC) 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.

Quebec Innovative Materials LT-Debt-to-Total-Asset Related Terms

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Quebec Innovative Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quebec Innovative Materials Corp (XCNQ:QIMC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

7FJ:Germany

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

https://www.qimaterials.com

Quebec Innovative Materials Corp is engaged in the exploration of mineral resource properties with an emphasis on the Charlevoix Silica Property located in Clermont. the projects of the company involve Industrial Minerals, Pilot processing and Hydrogen Helium.

Executives

Sheldon Inwentash	10% Security Holder
Threed Capital Inc.	10% Security Holder
Jakson Samuel Inwentash	Director
Ming Jang	Director
John Ioannis Karagiannidis	Director
Raymond Edward Wladichuk	Director, Senior Officer

Quebec Innovative Materials Headlines

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