Deezer (XPAR:DEEZR) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2023)

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What is Deezer 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. Deezer's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.15.

Deezer's long-term debt to total assets ratio declined from Dec. 2022 (0.17) to Dec. 2023 (0.15). It may suggest that Deezer is progressively becoming less dependent on debt to grow their business.

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

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

Deezer Annual Data

Trend

Dec12

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.15

0.16

0.17

0.15

Deezer Semi-Annual Data
	Dec12	Dec13	Jun14	Dec14	Jun15	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.16	-	0.17	0.08	0.15

Deezer LT-Debt-to-Total-Asset Calculation

Deezer'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 )
	=	29.016	/	194.996
	=	0.15

Deezer'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 )
	=	29.016	/	194.996
	=	0.15

Deezer (XPAR:DEEZR) 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.

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

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Deezer (XPAR:DEEZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Deezer SA (XPAR:DEEZR) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

L0A:Germany

Address

24 rue de Calais, Paris, FRA, 75009

Website

https://www.deezer.com

Deezer SA is an independent music streaming platform providing access to lossless HiFi audio, innovative recommendation technology and industry-defining features. The company brings artists and fans together on a scalable and global platform, to unlock the potential of music through technology. The company is based in France, Germany, the UK, Brazil and the US.

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