Chicken Soup for the Soul Entertainment (STU:2UC) LT-Debt-to-Total-Asset : 1.39 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Chicken Soup for the Soul Entertainment 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. Chicken Soup for the Soul Entertainment's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 1.39.

Chicken Soup for the Soul Entertainment's long-term debt to total assets ratio increased from Mar. 2023 (0.58) to Mar. 2024 (1.39). It may suggest that Chicken Soup for the Soul Entertainment is progressively becoming more dependent on debt to grow their business.

Chicken Soup for the Soul Entertainment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chicken Soup for the Soul Entertainment'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.

Chicken Soup for the Soul Entertainment LT-Debt-to-Total-Asset Chart

Chicken Soup for the Soul Entertainment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.25

0.22

0.54

1.24

Chicken Soup for the Soul Entertainment 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															0.58	0.60	1.14	1.24	1.39

Chicken Soup for the Soul Entertainment LT-Debt-to-Total-Asset Calculation

Chicken Soup for the Soul Entertainment'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 )
	=	481.597	/	387.25
	=	1.24

Chicken Soup for the Soul Entertainment'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 )
	=	528.475	/	380.95
	=	1.39

Chicken Soup for the Soul Entertainment (STU:2UC) 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.

Chicken Soup for the Soul Entertainment LT-Debt-to-Total-Asset Related Terms

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

Chicken Soup for the Soul Entertainment (STU:2UC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Chicken Soup for the Soul Entertainment Inc (STU:2UC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CSSEP.PFD:USA CSSE:USA

Address

132 East Putman Avenue, Floor 2W, Cos Cob, CT, USA, 06807

Website

https://www.cssentertainment.com

Chicken Soup for the Soul Entertainment Inc operates streaming video-on-demand networks. The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Espanolflix, and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original video content through the Chicken Soup for the Soul Television Group.

Chicken Soup for the Soul Entertainment (STU:2UC) Headlines

No Headlines