Tiny (TSXV:TINY) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2023)

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What is Tiny 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. Tiny's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.31.

Tiny's long-term debt to total assets ratio declined from Dec. 2022 (0.40) to Dec. 2023 (0.31). It may suggest that Tiny is progressively becoming less dependent on debt to grow their business.

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

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

Tiny Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.40

0.31

Tiny Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.40	0.25	-	0.29	0.31

Tiny LT-Debt-to-Total-Asset Calculation

Tiny'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 )
	=	120.917	/	392.635
	=	0.31

Tiny'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 )
	=	120.917	/	392.635
	=	0.31

Tiny (TSXV:TINY) 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.

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

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Tiny (TSXV:TINY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tiny Ltd (TSXV:TINY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TNYZF:USA I0B:Germany

Address

400 - 1152 Mainland Street, Vancouver, BC, CAN, V6B 4X2

Website

https://www.tiny.com

Tiny Ltd operates as a technology holding company with a strategy of acquiring majority stakes in businesses. Tiny has two core business segments, Beam and Dribbble, with other standalone businesses including a private equity investment fund.

Executives

Andrew David Charles Wilkinson

10% Security Holder, Director, Senior Officer