Total Debt breakdown for OculusTotal Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principle payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meaningful to compare total debt amounts between companies that operate within the same sector.Compare Oculus to competition
Oculus Total Debt Assessment
Based on latest financial disclosure Oculus VisionTech Inc has Total Debt of 579.35 K. This is 99.99% lower than that of Technology sector, and 100.0% lower than that of Wireless Communications industry, The Total Debt for all stocks is 99.99% higher than the company.
Filter other Stocks by Total Debt
Oculus VisionTech Inc is rated below average in total debt category among related companies. Total debt of Wireless Communications industry is at this time estimated at about 58.91 Billion. Oculus adds roughly 579,350 in total debt claiming only tiny portion of Wireless Communications industry.
Follow Oculus Total Debt with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other Oculus Fundamentals