Arma Services (Arma Services) LT-Debt-to-Total-Asset : 0.82 (As of Jul. 2023)

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What is Arma Services 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. Arma Services's long-term debt to total assests ratio for the quarter that ended in Jul. 2023 was 0.82.

Arma Services's long-term debt to total assets ratio increased from Jul. 2022 (0.00) to Jul. 2023 (0.82). It may suggest that Arma Services is progressively becoming more dependent on debt to grow their business.

Arma Services LT-Debt-to-Total-Asset Historical Data

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

Arma Services Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

LT-Debt-to-Total-Asset

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Arma Services Quarterly Data
	Jan18	Jul18	Oct18	Jan19	Jul19	Oct19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	4.39	4.02	0.82

Arma Services LT-Debt-to-Total-Asset Calculation

Arma Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (A: Oct. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2022 )	/	Total Assets (A: Oct. 2022 )
	=	0	/	0
	=

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

LT Debt to Total Assets (Q: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2023 )	/	Total Assets (Q: Jul. 2023 )
	=	0.908	/	1.107
	=

Arma Services (OTCPK:ARMV) 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.

Arma Services LT-Debt-to-Total-Asset Related Terms

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Arma Services (Arma Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Arma Services Inc (OTCPK:ARMV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7260 West Azure Drive, Suite 140-920, Las Vegas, NV, USA, 89130

Website

https://www.armaoffsets.com

Arma Services Inc is a shell company.

Arma Services (Arma Services) Headlines

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