Securetech Innovations (Securetech Innovations) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Securetech Innovations 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. Securetech Innovations's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Securetech Innovations's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Securetech Innovations LT-Debt-to-Total-Asset Historical Data

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

Securetech Innovations Annual Data

Trend

Dec17

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Dec19

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Dec22

Dec23

LT-Debt-to-Total-Asset

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Securetech Innovations Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Securetech Innovations LT-Debt-to-Total-Asset Calculation

Securetech Innovations's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0	/	0.024
	=	0.00

Securetech Innovations's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0	/	0.016
	=	0.00

Securetech Innovations (OTCPK:SCTH) 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.

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Securetech Innovations (Securetech Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Securetech Innovations Inc (OTCPK:SCTH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2355 Highway 36 West, Suite 400, Roseville, MN, USA, 55113

Website

https://www.securetechinnovations.com

Securetech Innovations Inc is engaged in developing and marketing personal and automobile security and safety devices and technologies. Its primary source of revenue is from the sale of its Top Kontrol product which is an anti-theft and anti-carjacking system.

Executives

African Resource Group, Inc.	10 percent owner	9353 OUTER BANKS AVE., LAS VEGAS NV 89149
Anthony Vang	director, officer: Treasurer/Secretary	2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Lee Kao	director, 10 percent owner, officer: President/CEO	2355 HIGHWAY 36 WEST, SUITE 400, ROSEVILLE MN 55113
Abdikarim Farah	officer: Vice President	2355 HIGHWAY 36 WEST, STE. 400, ROSEVILLE MN 55113