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TruTrace Technologies (XCNQ:TTT) Net Debt Paydown Yield % : 0.00% (As of Jun. 19, 2024)


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What is TruTrace Technologies Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, TruTrace Technologies's Net Debt Paydown Yield % was 0.00%.


TruTrace Technologies Net Debt Paydown Yield % Historical Data

The historical data trend for TruTrace Technologies's Net Debt Paydown Yield % 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.

TruTrace Technologies Net Debt Paydown Yield % Chart

TruTrace Technologies Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Apr19 Apr20 Apr21 Apr22
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 - -3.40 -0.25 0.01

TruTrace Technologies Quarterly Data
Mar18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.81 0.01 -12.49 -39.39 -57.23

Competitive Comparison of TruTrace Technologies's Net Debt Paydown Yield %

For the Software - Application subindustry, TruTrace Technologies's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TruTrace Technologies's Net Debt Paydown Yield % Distribution in the Software Industry

For the Software industry and Technology sector, TruTrace Technologies's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where TruTrace Technologies's Net Debt Paydown Yield % falls into.



TruTrace Technologies Net Debt Paydown Yield % Calculation

TruTrace Technologies's Net Debt Paydown Yield % for the quarter that ended in Jan. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 0.13-1 )/1.52694
=-57.23 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


TruTrace Technologies  (XCNQ:TTT) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


TruTrace Technologies Net Debt Paydown Yield % Related Terms

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TruTrace Technologies (XCNQ:TTT) Business Description

Traded in Other Exchanges
Address
61 Regal Road, Toronto, ON, CAN, M6H 2J6
TruTrace Technologies Inc is the developer of fully integrated software, secured on a blockchain infrastructure, that gives clients' the ability to store, manage, share and immediately access quality assurance and testing details, COAs, as well as motion and movement intelligence on inventory. The platform was specifically designed to power the traceability of testing standards within the legal cannabis, nutraceutical, food and pharmaceutical space with a focus on the authentication of source materials or ingredients used in formulation.
Executives
Michael Kraft Director

TruTrace Technologies (XCNQ:TTT) Headlines

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