XTM (STU:7XT) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2023)

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What is XTM 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. XTM's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.05.

XTM's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Sep. 2023 (0.05). It may suggest that XTM is progressively becoming more dependent on debt to grow their business.

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

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

XTM Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.04

XTM Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														-	-	-	-	0.05

XTM LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0	/	39.46
	=	0.00

XTM'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 )
	=	2.165	/	44.303
	=	0.05

XTM (STU:7XT) 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.

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

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XTM (STU:7XT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » XTM Inc (STU:7XT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

XTMIF:USA 7XT:Germany PAID:Canada

Address

67 Mowat Avenue, Suite 437, Toronto, ON, CAN, M6K 1E3

Website

https://www.xtminc.com

XTM Inc is a fintech company. The company provides necessary support systems including mobile and web applications and ancillary banking services. Its product includes Issuing Cards; Pre-Authorized Debit; Direct Deposit Accounts; Digital Banking; Visa Direct/Mastercard Send; ACH/EFT transfers and Reverse ATM. The company serves Hospitality and Salons; Payroll; Government Payouts companies. Its revenues are primarily generated from financial service fees charged to cardholders and merchants accepting the cards for payment. Revenue from financial services is generated from multiple sources including transaction fees, cardholder fees, load fees, and interchange fees.

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