Squirrel Media (XMAD:SQRL) LT-Debt-to-Total-Asset : 0.10 (As of Jun. 2023)

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What is Squirrel Media 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. Squirrel Media's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.10.

Squirrel Media's long-term debt to total assets ratio declined from Jun. 2022 (0.14) to Jun. 2023 (0.10). It may suggest that Squirrel Media is progressively becoming less dependent on debt to grow their business.

Squirrel Media LT-Debt-to-Total-Asset Historical Data

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

Squirrel Media Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.10

0.02

0.11

0.16

Squirrel Media Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.16	0.14	0.16	0.10

Squirrel Media LT-Debt-to-Total-Asset Calculation

Squirrel Media's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	18.428	/	117.978
	=	0.16

Squirrel Media's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	14.979	/	148.043
	=	0.10

Squirrel Media (XMAD:SQRL) 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.

Squirrel Media LT-Debt-to-Total-Asset Related Terms

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Squirrel Media (XMAD:SQRL) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Squirrel Media SA (XMAD:SQRL) » Definitions » LT-Debt-to-Total-Asset

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0I10:UK

Address

Calle Agastia, 80, Madrid, ESP, 28043

Website

https://www.squirrelmedia.co.za

Squirrel Media SAis a website designing and hosting company and offers a range of great hosting and web-design packages to suit any home or business.

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