Liquid Media Group (Liquid Media Group) LT-Debt-to-Total-Asset : 0.02 (As of Aug. 2022)

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What is Liquid Media Group 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. Liquid Media Group's long-term debt to total assests ratio for the quarter that ended in Aug. 2022 was 0.02.

Liquid Media Group's long-term debt to total assets ratio increased from Aug. 2021 (0.00) to Aug. 2022 (0.02). It may suggest that Liquid Media Group is progressively becoming more dependent on debt to grow their business.

Liquid Media Group LT-Debt-to-Total-Asset Historical Data

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

Liquid Media Group Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Nov19

Nov20

Nov21

LT-Debt-to-Total-Asset

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0.09

0.02

Liquid Media Group Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.02	0.02	0.02	0.02

Liquid Media Group LT-Debt-to-Total-Asset Calculation

Liquid Media Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2021 is calculated as

LT Debt to Total Assets (A: Nov. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2021 )	/	Total Assets (A: Nov. 2021 )
	=	0.232	/	11.566
	=	0.02

Liquid Media Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2022 is calculated as

LT Debt to Total Assets (Q: Aug. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2022 )	/	Total Assets (Q: Aug. 2022 )
	=	0.225	/	14.721
	=	0.02

Liquid Media Group (OTCPK:YVRLF) 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.

Liquid Media Group LT-Debt-to-Total-Asset Related Terms

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Liquid Media Group (Liquid Media Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Liquid Media Group Ltd (OTCPK:YVRLF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

409 Granville Street, Suite 1000, United Kingdom Building, Vancouver, BC, CAN, V6C 1T2

Website

https://www.liquidmediagroup.co

Liquid Media Group Ltd is an entertainment company with a portfolio of content IP (Intellectual Property) spanning creative industries. Originating in Vancouver's media and entertainment supercluster, the company's mission is to empower storytellers to develop, produce and distribute across channels and platforms. Its operating segment includes investment in video games andinvestment in the distribution of films.