BuildDirect.com Technologies (TSXV:BILD) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is BuildDirect.com Technologies 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. BuildDirect.com Technologies's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.37.

BuildDirect.com Technologies's long-term debt to total assets ratio increased from Dec. 2022 (0.31) to Dec. 2023 (0.37). It may suggest that BuildDirect.com Technologies is progressively becoming more dependent on debt to grow their business.

BuildDirect.com Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for BuildDirect.com Technologies'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.

BuildDirect.com Technologies LT-Debt-to-Total-Asset Chart

BuildDirect.com Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.67

0.19

0.31

0.37

BuildDirect.com Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.31	0.30	0.13	0.34	0.37

BuildDirect.com Technologies LT-Debt-to-Total-Asset Calculation

BuildDirect.com Technologies'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 )
	=	12.504	/	34.02
	=	0.37

BuildDirect.com Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	12.504	/	34.02
	=	0.37

BuildDirect.com Technologies (TSXV:BILD) 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.

BuildDirect.com Technologies LT-Debt-to-Total-Asset Related Terms

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

BuildDirect.com Technologies (TSXV:BILD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » BuildDirect.com Technologies Inc (TSXV:BILD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BDCTF:USA

Address

200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4

Website

https://www.builddirect.com

BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.

Executives

Milan Roy

Director

BuildDirect.com Technologies (TSXV:BILD) Headlines

No Headlines