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American Picture House (American Picture House) LT-Debt-to-Total-Asset : 0.26 (As of Mar. 2024)


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What is American Picture House 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. American Picture House's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.26.

American Picture House's long-term debt to total assets ratio declined from Dec. 2022 (0.28) to Mar. 2024 (0.26). It may suggest that American Picture House is progressively becoming less dependent on debt to grow their business.


American Picture House LT-Debt-to-Total-Asset Historical Data

The historical data trend for American Picture House'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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American Picture House LT-Debt-to-Total-Asset Chart

American Picture House Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
0.28 0.27

American Picture House Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.28 - 0.19 0.27 0.26

American Picture House LT-Debt-to-Total-Asset Calculation

American Picture House'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 )
=0.15/0.549
=0.27

American Picture House'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 )
=0.15/0.585
=0.26

* 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.


American Picture House  (OTCPK:APHP) 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.


American Picture House LT-Debt-to-Total-Asset Related Terms

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American Picture House (American Picture House) Business Description

Traded in Other Exchanges
N/A
Address
555 Madison Avenue 5 FL, New York, NY, USA, 10022
American Picture House Corp is an entertainment company that develops, options, and licenses intellectual properties related to the entertainment industry to produce commercially viable content for distribution to the market and also provides to customers that develop options, and license IP in the entertainment industry and in other industries consulting services. It develops options and licenses intellectual properties for commercialization and distribution, including the right to finance and co-produce feature films and limited series shows.

American Picture House (American Picture House) Headlines

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