Waitr Holdings (FRA:1OW0) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2023)

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What is Waitr Holdings 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. Waitr Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.05.

Waitr Holdings's long-term debt to total assets ratio declined from Sep. 2022 (0.64) to Sep. 2023 (0.05). It may suggest that Waitr Holdings is progressively becoming less dependent on debt to grow their business.

Waitr Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Waitr Holdings'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.

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Waitr Holdings LT-Debt-to-Total-Asset Chart

Waitr Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.36

0.69

0.41

0.33

1.16

Waitr Holdings 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															0.64	1.16	1.46	0.07	0.05

Waitr Holdings LT-Debt-to-Total-Asset Calculation

Waitr Holdings'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 )
	=	52.845	/	45.449
	=	1.16

Waitr Holdings'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 )
	=	1.047	/	20.225
	=	0.05

Waitr Holdings (FRA:1OW0) 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.

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Waitr Holdings (FRA:1OW0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Waitr Holdings Inc (FRA:1OW0) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ASAP:USA

Address

214 Jefferson Street, Suite 200, Lafayette, LA, USA, 70501

Website

https://www.waitrapp.com

Waitr Holdings Inc operates an online ordering technology platform that provides delivery, carryout, and dine-in options, connecting restaurants, merchants, drivers, and diners in certain cities in the United States. It partners with independent local restaurants and regional and national chains in small and mid-size markets. Its platform uses the deliver anything ASAP model making it easy for consumers to order food, alcohol, convenience, grocery, flowers, auto parts, and more, and includes proprietary in-stadium mobile ordering technology. It has two reportable segments Delivery Services Segment and Third-Party Payment Processing Referral Services Segment, and the majority of the revenue comes from the Delivery Services Segment.

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