Ten Square Games (WAR:TEN) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Ten Square Games 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. Ten Square Games's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Ten Square Games's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that Ten Square Games is progressively becoming more dependent on debt to grow their business.

Ten Square Games LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ten Square Games'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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Ten Square Games LT-Debt-to-Total-Asset Chart

Ten Square Games Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

Ten Square Games 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															0.01	0.01	0.01	-	0.02

Ten Square Games LT-Debt-to-Total-Asset Calculation

Ten Square Games'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 )
	=	1.379	/	458.103
	=	0.00

Ten Square Games'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 )
	=	7.42	/	366.42
	=	0.02

Ten Square Games (WAR:TEN) 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.

Ten Square Games LT-Debt-to-Total-Asset Related Terms

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Ten Square Games (WAR:TEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Ten Square Games SA (WAR:TEN) » Definitions » LT-Debt-to-Total-Asset

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1HQ:Germany

Address

ul. Dlugosza 60, Wroclaw, POL, 51-162

Website

https://www.tensquaregames.com

Ten Square Games SA is a mobile game development company in Poland. Some of the games developed by the company are Lets Fish, Wild Hunt, Magic heroes, and Lets farm.