Blackstar Enterprise Group (Blackstar Enterprise Group) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2023)

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What is Blackstar Enterprise 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. Blackstar Enterprise Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.20.

Blackstar Enterprise Group's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.20). It may suggest that Blackstar Enterprise Group is progressively becoming more dependent on debt to grow their business.

Blackstar Enterprise Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Blackstar Enterprise 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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Blackstar Enterprise Group LT-Debt-to-Total-Asset Chart

Blackstar Enterprise Group Annual Data

Trend

Jul03

Jul04

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

Blackstar Enterprise Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	0.20

Blackstar Enterprise Group LT-Debt-to-Total-Asset Calculation

Blackstar Enterprise Group'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 )
	=	0.075	/	0.382
	=

Blackstar Enterprise Group'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 )
	=	0.075	/	0.382
	=

Blackstar Enterprise Group (OTCPK:BEGI) 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.

Blackstar Enterprise Group LT-Debt-to-Total-Asset Related Terms

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Blackstar Enterprise Group (Blackstar Enterprise Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Blackstar Enterprise Group Inc (OTCPK:BEGI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4450 Arapahoe Avenue, Suite 100, Boulder, CO, USA, 80303

Website

http://www.blackstarenterprisegroup.com

Blackstar Enterprise Group Inc is engaged in Merchant Banking and Finance business. The company intends to gain exposure to the blockchain ecosystem through targeted joint ventures in the sector. It also offers consulting and regulatory compliance services to crypto-equity companies.

Executives

John N Harris	director, 10 percent owner, officer: CEO	PO BOX 1547, LYONS CO 80540
International Hedge Group, Inc.	10 percent owner	1711 WALES DRIVE, BERTHOUD CO 80513
Joseph E Kurczodyna	director, 10 percent owner, officer: CFO	1711 WALES DRIVE, BERTHOUD CO 80513
Todd Harold Lahr	10 percent owner, other: Former President & Director	134 3RD ST, NAZARETH PA 18064