D2L (TSX:DTOL) LT-Debt-to-Total-Asset : 0.07 (As of Apr. 2024)

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What is D2L 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. D2L's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.07.

D2L's long-term debt to total assets ratio declined from Apr. 2023 (0.07) to Apr. 2024 (0.07). It may suggest that D2L is progressively becoming less dependent on debt to grow their business.

D2L LT-Debt-to-Total-Asset Historical Data

The historical data trend for D2L'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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D2L LT-Debt-to-Total-Asset Chart

D2L Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.05

0.02

0.07

0.06

D2L Quarterly Data
	Jan19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.07	0.06	0.06	0.06	0.07

D2L LT-Debt-to-Total-Asset Calculation

D2L's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	15.716	/	264.6
	=	0.06

D2L's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	15.751	/	243.877
	=	0.06

D2L (TSX:DTOL) 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.

D2L LT-Debt-to-Total-Asset Related Terms

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D2L (TSX:DTOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » D2L Inc (TSX:DTOL) » Definitions » LT-Debt-to-Total-Asset

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DTLIF:USA

Address

137 Glasgow Street, Suite 560, Kitchener, ON, CAN, N2G 4X8

Website

https://www.d2l.com

D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave.

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