Global UAV Technologies (XCNQ:UAV) LT-Debt-to-Total-Asset : 1.88 (As of Jan. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Global UAV Technologies 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. Global UAV Technologies's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 1.88.

Global UAV Technologies's long-term debt to total assets ratio increased from Jan. 2023 (1.43) to Jan. 2024 (1.88). It may suggest that Global UAV Technologies is progressively becoming more dependent on debt to grow their business.

Global UAV Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Global UAV Technologies'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.

Global UAV Technologies LT-Debt-to-Total-Asset Chart

Global UAV Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.19

0.41

1.88

Global UAV Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.43	1.28	1.58	1.88	1.88

Global UAV Technologies LT-Debt-to-Total-Asset Calculation

Global UAV Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	0.06	/	0.032
	=

Global UAV Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	0.06	/	0.032
	=

Global UAV Technologies (XCNQ:UAV) 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.

Global UAV Technologies LT-Debt-to-Total-Asset Related Terms

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

Global UAV Technologies (XCNQ:UAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Global UAV Technologies Ltd (XCNQ:UAV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

YAB:Germany

Address

488 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7

Website

https://www.globaluavtech.com

Global UAV Technologies Ltd is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. Through its subsidiaries, Pioneer Aerial Surveys Ltd, High Eye Aerial Imaging Inc, UAV Regulatory Services Inc, and NOVAerial Robotics Inc, it provides a full spectrum of UAV-based services and products including drone research and development and manufacturing, flight services, and regulatory compliance.

Executives

James Rogers	Director
Andrew Male	Director