Helo (HLOC) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2023)

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What is Helo 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. Helo's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.06.

Helo's long-term debt to total assets ratio increased from Dec. 2018 (0.00) to Sep. 2023 (0.06). It may suggest that Helo is progressively becoming more dependent on debt to grow their business.

Helo LT-Debt-to-Total-Asset Historical Data

The historical data trend for Helo'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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Helo LT-Debt-to-Total-Asset Chart

Helo Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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Helo Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun22	Sep22	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.05	0.06

Helo LT-Debt-to-Total-Asset Calculation

Helo's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	0	/	0.615
	=	0.00

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

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.918	/	14.389
	=	0.06

Helo (OTCPK:HLOC) 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.

Helo LT-Debt-to-Total-Asset Related Terms

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Helo (HLOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Helo Corp (OTCPK:HLOC) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

180 Steuart Street, Suite 192750, San Francisco, CA, USA, 94119

Website

https://www.helocorp.com

Helo Corp is a life-sensing technology company. The company designs, manufactures and sells connected, next-generation, wearable devices, and mobile products. It designs and sells its own range of integrated mobile technology products such as SPACE Wireless smartphones and Helo smart bands. These products are manufactured by third-party factories in China. It also provides mobile telecom services to consumers through exclusive sales agreements with regional third-party distributors across the world.