GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Debt-to-Asset

Alliance Entertainment Holding (Alliance Entertainment Holding) Debt-to-Asset : 0.30 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Alliance Entertainment Holding Debt-to-Asset?

Alliance Entertainment Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5 Mil. Alliance Entertainment Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $93 Mil. Alliance Entertainment Holding's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $324 Mil. Alliance Entertainment Holding's debt to asset for the quarter that ended in Mar. 2024 was 0.30.


Alliance Entertainment Holding Debt-to-Asset Historical Data

The historical data trend for Alliance Entertainment Holding's Debt-to-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.

Alliance Entertainment Holding Debt-to-Asset Chart

Alliance Entertainment Holding Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
- 0.19 0.31 0.38

Alliance Entertainment Holding Quarterly Data
Jun20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.38 0.36 0.28 0.30

Competitive Comparison of Alliance Entertainment Holding's Debt-to-Asset

For the Entertainment subindustry, Alliance Entertainment Holding's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alliance Entertainment Holding's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alliance Entertainment Holding's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Alliance Entertainment Holding's Debt-to-Asset falls into.



Alliance Entertainment Holding Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Alliance Entertainment Holding's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(140.127 + 8.551) / 389.53
=0.38

Alliance Entertainment Holding's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(5.076 + 93.286) / 324.021
=0.30

* 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.


Alliance Entertainment Holding  (NAS:AENT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Alliance Entertainment Holding Debt-to-Asset Related Terms

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


Alliance Entertainment Holding (Alliance Entertainment Holding) Business Description

Traded in Other Exchanges
N/A
Address
8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324
Alliance Entertainment Holding Corp is a top tier distributor of music, movies, and consumer electronics. It offers more than 485,000 SKU products, consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.