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Leveljump Healthcare (Leveljump Healthcare) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2023)


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What is Leveljump Healthcare 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. Leveljump Healthcare's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.27.

Leveljump Healthcare's long-term debt to total assets ratio declined from Jun. 2022 (0.29) to Sep. 2023 (0.27). It may suggest that Leveljump Healthcare is progressively becoming less dependent on debt to grow their business.

Leveljump Healthcare LT-Debt-to-Total-Asset Historical Data

The historical data trend for Leveljump Healthcare'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.

Leveljump Healthcare LT-Debt-to-Total-Asset Chart

Leveljump Healthcare Annual Data
Trend Aug19 Aug20 Dec21 Dec22
LT-Debt-to-Total-Asset
- - - 0.27

Leveljump Healthcare Quarterly Data
Nov19 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.29 0.27 0.30 0.27

Leveljump Healthcare LT-Debt-to-Total-Asset Calculation

Leveljump Healthcare'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 )
=2.621/9.759
=0.27

Leveljump Healthcare'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 )
=2.913/10.674
=0.27

* 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.

Leveljump Healthcare  (OTCPK:JMPHF) 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.

Leveljump Healthcare LT-Debt-to-Total-Asset Related Terms

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Leveljump Healthcare (Leveljump Healthcare) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Leveljump Healthcare Corp (OTCPK:JMPHF) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
JUMP:Canada
Address
85 Scarsdale Road, Suite 304, Toronto, ON, CAN, M3B 2R2
Website
https://www.leveljumphealthcare.com
Leveljump Healthcare Corp is engaged in the business of providing radiology solutions for hospitals, emergency rooms, and private clinics. The company offers telehealth services that are designed to provide a doctor-to-doctor collaboration and diagnosis allowing effective patient care.