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

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

Veltex's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.00) to Mar. 2024 (0.00).

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

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

Veltex Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Veltex Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	-

Veltex LT-Debt-to-Total-Asset Calculation

Veltex'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	/	1.803
	=	0.00

Veltex'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	/	2.222
	=	0.00

Veltex (OTCPK:VLXC) 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.

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

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Veltex (Veltex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veltex Corp (OTCPK:VLXC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602

Website

https://www.veltex.com

Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.