Xtract One Technologies (Xtract One Technologies) LT-Debt-to-Total-Asset : 0.00 (As of Jan. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Xtract One 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. Xtract One Technologies's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.00.

Xtract One Technologies's long-term debt to total assets ratio declined from Jan. 2023 (0.02) to Jan. 2024 (0.00). It may suggest that Xtract One Technologies is progressively becoming less dependent on debt to grow their business.

Xtract One Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Xtract One 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.

Xtract One Technologies LT-Debt-to-Total-Asset Chart

Xtract One Technologies Annual Data

Trend

May14

May15

May16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

0.01

Xtract One 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															0.02	0.01	0.01	0.01	-

Xtract One Technologies LT-Debt-to-Total-Asset Calculation

Xtract One Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	0.094	/	14.381
	=	0.01

Xtract One 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 )
	=	0.047	/	12.291
	=	0.00

Xtract One Technologies (OTCPK:XTRAF) 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.

Xtract One Technologies LT-Debt-to-Total-Asset Related Terms

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

Xtract One Technologies (Xtract One Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xtract One Technologies Inc (OTCPK:XTRAF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0PL:Germany XTRA:Canada

Address

257 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 1X9

Website

https://www.xtractone.com

Xtract One Technologies Inc is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The principal business of the Company is the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution, referred to as the Platform, with the aim of enhancing public health and safety. The company makes unobtrusive threat detection systems that enable venue-building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative multi-sensor gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic.