Read this jimmy ftardID - less dependent on debt to grow their business. Identillect Technologies Corp (OTCPK:IDTLF) Long-Term Debt & Capital Lease Obligation: $0.00 Mil (As of Dec. 2018) Long-Term Debt is the debt due more than 12 months in the future. Identillect Technologies Corp's long-term debt & capital lease obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. 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. It is calculated as a company's long-term debt divide by its Total Assets. Identillect Technologies Corp's long-term debt for the quarter that ended in Dec. 2018 was $0.00 Mil. Identillect Technologies Corp's Total Assets for the quarter that ended in Dec. 2018was $0.30 Mil. Identillect Technologies Corp's LT-Debt-to-Total-Asset for the quarter that ended in Dec. 2018 was 0.00. Identillect Technologies Corp's LT-Debt-to-Total-Asset declined from Jun. 2017 (0.79) to Dec. 2018 (0.00). It may suggest that Identillect Technologies Corp is progressively becoming less dependent on debt to grow their business. [url=https://www.gurufocus.com/term/Long-Term+Debt/OTCPK:IDTLF/Long-Term-Debt--Capital-Lease-Obligation/Identillect-Technologies-Corp]https://www.gurufocus.com/term/Long-Term+Debt/OTCPK:IDTLF/Long-Term-Debt--Capital-Lease-Obligation/Identillect-Technologies-Corp[/url] Read more at https://stockhouse.com/companies/bullboard?symbol=v.id&postid=29729317#lGDMaj4oSTdYm17i Read more at https://stockhouse.com/companies/bullboard?symbol=v.id&postid=29730004#sBXxkt8xM0ySCEZ9.99