Playtika Holding (STU:8II) LT-Debt-to-Total-Asset : 0.79 (As of Mar. 2024)

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What is Playtika Holding 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. Playtika Holding's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.79.

Playtika Holding's long-term debt to total assets ratio declined from Mar. 2023 (0.93) to Mar. 2024 (0.79). It may suggest that Playtika Holding is progressively becoming less dependent on debt to grow their business.

Playtika Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Playtika Holding'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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Playtika Holding LT-Debt-to-Total-Asset Chart

Playtika Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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1.60

1.28

0.89

0.93

0.78

Playtika Holding Quarterly Data
	Dec18	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															0.93	0.88	0.84	0.78	0.79

Playtika Holding LT-Debt-to-Total-Asset Calculation

Playtika Holding'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 )
	=	2281.313	/	2911.475
	=	0.78

Playtika Holding'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 )
	=	2274.792	/	2893.124
	=	0.79

Playtika Holding (STU:8II) 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.

Playtika Holding LT-Debt-to-Total-Asset Related Terms

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Playtika Holding (STU:8II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Playtika Holding Corp (STU:8II) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PLTK:USA

Address

C/o Playtika Ltd, HaChoshlim Street 8, Herzliya Pituarch, ISR

Website

https://www.playtika.com

Playtika Holding Corp is primarily engaged in developing mobile games. Some of its games include Board Kings, House of Fun, Poker Heat, Slotomania, and Bingo Blitz. The company has built live game operations services and a proprietary technology platform to support its portfolio of games. It primarily derives revenue from the sale of virtual items associated with online games. Geographically, the group has a business presence in the USA, EMEA, APAC and Other regions of which key revenue is derived from the USA. It offers both Mobile and Web-based platforms.

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