ZEUCF (ZeU Technologies) LT-Debt-to-Total-Asset : 4.95 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is ZeU 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. ZeU Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 4.95.

ZeU Technologies's long-term debt to total assets ratio declined from Dec. 2022 (13.31) to Dec. 2023 (4.95). It may suggest that ZeU Technologies is progressively becoming less dependent on debt to grow their business.

ZeU Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for ZeU 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.

ZeU Technologies LT-Debt-to-Total-Asset Chart

ZeU Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

LT-Debt-to-Total-Asset

3.35

0.53

255.39

0.41

3.82

ZeU Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															13.31	3.82	4.50	4.69	4.95

ZeU Technologies LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0.707	/	0.185
	=

ZeU Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.817	/	0.165
	=

ZeU Technologies (OTCPK:ZEUCF) 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.

ZeU Technologies LT-Debt-to-Total-Asset Related Terms

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

ZeU Technologies Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 Rue Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A 3G4

Website

https://www.zeuniverse.com

ZeU Technologies Inc is a Canada-based technology company. The company is engaged in developing its distributed ledger technologies (DLT), such as blockchain. The company's product development is driven by industry-specific needs, thus enabling the smooth integration of legacy systems into the new digital economy.

ZeU Technologies Headlines

From GuruFocus

Mulatov Encrypted Messenger Application & ZeUPay Spin Off

By ACCESSWIRE ACCESSWIRE • 04-20-2022