Take-Two Interactive Software (FRA:TKE) LT-Debt-to-Total-Asset : 0.28 (As of Mar. 2024)

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What is Take-Two Interactive Software 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. Take-Two Interactive Software's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.28.

Take-Two Interactive Software's long-term debt to total assets ratio increased from Mar. 2023 (0.13) to Mar. 2024 (0.28). It may suggest that Take-Two Interactive Software is progressively becoming more dependent on debt to grow their business.

Take-Two Interactive Software LT-Debt-to-Total-Asset Historical Data

The historical data trend for Take-Two Interactive Software'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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Take-Two Interactive Software LT-Debt-to-Total-Asset Chart

Take-Two Interactive Software Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.13

0.28

Take-Two Interactive Software Quarterly Data
	Jun19	Sep19	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															0.13	0.20	0.20	0.21	0.28

Take-Two Interactive Software LT-Debt-to-Total-Asset Calculation

Take-Two Interactive Software's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	3169.952	/	11239.548
	=	0.28

Take-Two Interactive Software'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 )
	=	3169.952	/	11239.548
	=	0.28

Take-Two Interactive Software (FRA:TKE) 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.

Take-Two Interactive Software LT-Debt-to-Total-Asset Related Terms

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Take-Two Interactive Software (FRA:TKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Take-Two Interactive Software Inc (FRA:TKE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TTWO:USA TTWO:Mexico T1TW34:Brazil TTWO:Austria

Address

110 West 44th Street, New York, NY, USA, 10036

Website

https://www.take2games.com

Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires & Puzzles," and "CSR Racing.".

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