Hypercharge Networks (TSXV:HC) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Hypercharge Networks 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. Hypercharge Networks's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Hypercharge Networks's long-term debt to total assets ratio increased from Aug. 2022 (0.01) to Dec. 2023 (0.02). It may suggest that Hypercharge Networks is progressively becoming more dependent on debt to grow their business.

Hypercharge Networks LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hypercharge Networks'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.

* Premium members only.

Hypercharge Networks LT-Debt-to-Total-Asset Chart

Hypercharge Networks Annual Data

Trend

Aug21

LT-Debt-to-Total-Asset

Hypercharge Networks Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Dec22	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.01	0.04	0.02	0.02	0.02

Hypercharge Networks LT-Debt-to-Total-Asset Calculation

Hypercharge Networks's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2021 is calculated as

LT Debt to Total Assets (A: Aug. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2021 )	/	Total Assets (A: Aug. 2021 )
	=	0	/	3.284
	=

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

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.122	/	7.385
	=	0.02

Hypercharge Networks (TSXV:HC) 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.

Hypercharge Networks LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Hypercharge Networks's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hypercharge Networks (TSXV:HC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hypercharge Networks Corp (TSXV:HC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HCNWF:USA PB7:Germany

Address

1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4

Website

https://www.hypercharge.com

Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.

Executives

Jason Baybutt

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Hypercharge Networks (TSXV:HC) Headlines

No Headlines