Gambling.com Group (Gambling.com Group) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Gambling.com Group 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. Gambling.com Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Gambling.com Group's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Gambling.com Group is progressively becoming less dependent on debt to grow their business.

Gambling.com Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gambling.com Group'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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Gambling.com Group LT-Debt-to-Total-Asset Chart

Gambling.com Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.57

0.17

0.01

Gambling.com Group Quarterly Data
	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													0.01	0.01	0.01	0.01	0.01

Gambling.com Group LT-Debt-to-Total-Asset Calculation

Gambling.com Group'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 )
	=	1.19	/	154.869
	=	0.01

Gambling.com Group'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 )
	=	1.06	/	150.301
	=	0.01

Gambling.com Group (NAS:GAMB) 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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Gambling.com Group (Gambling.com Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gambling.com Group Ltd (NAS:GAMB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6WH:Germany

Address

22 Grenville Street, Saint Helier, JEY, JE4 8PX

Website

https://www.gambling.com

Gambling.com Group Ltd is a multi-award-winning performance marketing company and a provider of digital marketing services in the online gambling industry. Its principal focus is on iGaming and sports betting. It generates revenue by referring online gamblers to online gambling operators.