GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BorrowMoney.com Inc (OTCPK:BWMY) » Definitions » Debt-to-Asset

BorrowMoney.com (BorrowMoney.com) Debt-to-Asset : 81.14 (As of Feb. 2024)


View and export this data going back to 2018. Start your Free Trial

What is BorrowMoney.com Debt-to-Asset?

BorrowMoney.com's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.00 Mil. BorrowMoney.com's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.57 Mil. BorrowMoney.com's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was $0.01 Mil. BorrowMoney.com's debt to asset for the quarter that ended in Feb. 2024 was 81.14.

BorrowMoney.com Debt-to-Asset Historical Data

The historical data trend for BorrowMoney.com's Debt-to-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.

* Premium members only.

BorrowMoney.com Debt-to-Asset Chart

BorrowMoney.com Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Asset
Get a 7-Day Free Trial 51.00 61.50 51.67 119.00 10.61

BorrowMoney.com Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.00 134.50 10.61 70.13 81.14

Competitive Comparison of BorrowMoney.com's Debt-to-Asset

For the Credit Services subindustry, BorrowMoney.com's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BorrowMoney.com's Debt-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, BorrowMoney.com's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where BorrowMoney.com's Debt-to-Asset falls into.


BorrowMoney.com Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

BorrowMoney.com's Debt-to-Asset for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.581 + 0.013) / 0.056
=10.61

BorrowMoney.com's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0.568) / 0.007
=81.14

* 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.

BorrowMoney.com  (OTCPK:BWMY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

BorrowMoney.com Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of BorrowMoney.com's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

BorrowMoney.com (BorrowMoney.com) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BorrowMoney.com Inc (OTCPK:BWMY) » Definitions » Debt-to-Asset
Comparable Companies
THBD RAHGF DXF SUNL V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810 TSE:8593 BOM:543066 TPE:5871
Traded in Other Exchanges
N/A
Address
512 Bayshore Drive, Fort Lauderdale, FL, USA, 33304
Website
https://www.borrowmoney.com
BorrowMoney.com Inc operates an online loan marketplace for consumers seeking loans and other credit-based offerings. Its online marketplace provides consumers with access to product offerings from active lenders. It offers products in two categories including mortgage products and non-mortgage products. The mortgage products category includes the purchase and refinances products. Non-mortgage products include credit cards, personal loans, home equity loans, reverse mortgage loans, auto loans, small business loans, student loans, deposit accounts, home improvement referrals and other credit products such as credit repair and debt settlement.