VerticalScope Holdings (FRA:7E9) LT-Debt-to-Total-Asset : 0.37 (As of Mar. 2024)

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What is VerticalScope 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. VerticalScope Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.37.

VerticalScope Holdings's long-term debt to total assets ratio declined from Mar. 2023 (0.41) to Mar. 2024 (0.37). It may suggest that VerticalScope Holdings is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for VerticalScope 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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VerticalScope Holdings LT-Debt-to-Total-Asset Chart

VerticalScope Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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1.04

1.09

0.37

0.32

0.37

VerticalScope Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.41	0.40	0.39	0.37	0.37

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

VerticalScope Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	51.975	/	140.257
	=	0.37

VerticalScope Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	49.149	/	134.577
	=	0.37

VerticalScope Holdings (FRA:7E9) 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.

VerticalScope Holdings LT-Debt-to-Total-Asset Related Terms

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VerticalScope Holdings (FRA:7E9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » VerticalScope Holdings Inc (FRA:7E9) » Definitions » LT-Debt-to-Total-Asset

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FORA:Canada

Address

111 Peter Street, Suite 600, Toronto, ON, CAN, M5V 2H1

Website

http://www.verticalscope.com

VerticalScope Holdings Inc is a technology company that operates a cloud-based digital community platform comprising hyper-focused apps, forums, marketplaces, editorial, and e-commerce rating and brand review websites.

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