GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Creatd Inc (OTCPK:CRTD) » Definitions » LT-Debt-to-Total-Asset

Creatd (Creatd) LT-Debt-to-Total-Asset : 0.66 (As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Creatd 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. Creatd's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.66.

Creatd's long-term debt to total assets ratio increased from Sep. 2022 (0.25) to Sep. 2023 (0.66). It may suggest that Creatd is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Creatd'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.

Creatd LT-Debt-to-Total-Asset Chart

Creatd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.08 0.03 0.01 0.44

Creatd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.44 0.46 0.57 0.66

Creatd LT-Debt-to-Total-Asset Calculation

Creatd'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 )
=2.116/4.82
=0.44

Creatd'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 )
=1.908/2.892
=0.66

* 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.

Creatd  (OTCPK:CRTD) 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.

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

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

Creatd (Creatd) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Creatd Inc (OTCPK:CRTD) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
ROI HMLA GROM LOVLQ NUGL ONFO TNMD FMHS LBUY CNNN GOOGL META HKSE:00700 XAMS:PRX BIDU DASH SPOT JSE:NPN HKSE:01024 SNAP
Traded in Other Exchanges
N/A
Address
419 Lafayette Street, 6th Floor, New York, NY, USA, 10003
Website
https://www.creatd.com
Jerrick Media Holdings Inc is a technology and digital media company. It develops and markets branded digital content and e-commerce properties. It is also produces and distributes premium digital media across multiple platforms for targeted demographics.
Executives
Jeremy Frommer director, officer: Chief Executive Officer 202 S. DEAN STREET, ENGLEWOOD NJ 07631
Justin Fontaine Maury officer: President 75 STERLING BLVD APT. 543, ENGLEWOOD NJ 07631
Chelsea Pullano officer: CHIEF FINANCIAL OFFICER C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Laurie Weisberg director C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Bradford Justus director 224 ROBIN WAY, MENLO PARK CA 94025
Lorraine Hendrickson director 718 INLET WATERS CIRCLE, JUPITER FL 33477
Joanna Bloor director 4343 SEQUOYAH ROAD, OAKLAND CA 94605
Eric Ellis Goldberg 10 percent owner PO BOX 580, AQUEBOGUE NY 11931
Leonard M Schiller director
Mark Richard Patterson director C/O JERRICK MEDIA HOLDINGS INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Labrena Martin director 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Mark Standish director C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Arthur Rosen 10 percent owner 50 RIVERSIDE BLVD., APT. 20B, NEW YORK NY 10069
Andrew Fleming Taffin director 32 RIDGEVIEW AVENUE, ATLANTIC HIGHLANDS NJ 07716
Rick Schwartz officer: President 202 S. DEAN STREET, ENGLEWOOD NJ 07631