Data Storage (Data Storage) LT-Debt-to-Total-Asset

: 0.00 (As of Dec. 2023)

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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. Data Storage's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Data Storage's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.00). It may suggest that Data Storage is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Data Storage'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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Data Storage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.27

0.19

0.03

Data Storage 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															0.03	0.02	0.01	0.01	-

Data Storage LT-Debt-to-Total-Asset Calculation

Data Storage'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 )
	=	0.038	/	23.301
	=	0.00

Data Storage'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 )
	=	0.038	/	23.301
	=	0.00

Data Storage (NAS:DTST) 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.

Data Storage LT-Debt-to-Total-Asset Related Terms

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Data Storage (Data Storage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Data Storage Corp (NAS:DTST) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 South Service Road, Suite 203, Melville, NY, USA, 11747

Website

https://www.dtst.com

Data Storage Corporation engages in providing cybersecurity, compliance and cloud computing solutions. The company's segment includes Nexxis Inc; Flagship Solutions, LLC and CloudFirst Technologies Corporation and Corporate. It generates maximum revenue from the CloudFirst Technologies Corporation segment. The company's solutions include infrastructure, disaster recovery, email archival, compliance, electronic vaulting, virtualized recovery, telecom recovery services, and continuous data protection.

Executives

Mark Alexander Wyllie	director	980 N. FEDERAL HWY, SUITE 302, BOCA RATON FL 33432
Christos Panagiotakos	officer: Chief Financial Officer	1013 PLANDOME ROAD, MANHASSET NY 11030
Wendy Schmittzeh	other: Secretary	C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Matthew Grover	director	C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Todd A. Correll	director	222 LAKEVIEW AVENUE, SUITE 1600, WEST PALM BEACH FL 33401
Thomas Kempster	director, 10 percent owner, officer: COO, Pres of Tech Ops & Secy	C/O DATA STORAGE CORPORATION, 68 SOUTH SERVICE ROAD, MELVILLE NY 11747
Harold Schwarts	director, 10 percent owner, officer: President and Treasurer	C/O DATA STORAGE CORPORATION, 68 SOUTH SERVICE ROAD, MELVILLE NY 11747
Charles M. Piluso	director, 10 percent owner, officer: Pres/CEO/CFO/Chairman	C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Piluso Family Associates, Llc	10 percent owner	495 MANHASSET WOODS ROAD, MANHASSET NY 11030
Jan Burman	director, 10 percent owner	875 MERRICK AVENUE, WESTBURY NY 11590
John F. Coghlan	director, 10 percent owner	36 VASSAR PLACE, ROCKVILLE CENTRE NY 11570
Clifford Stein	director	5345 PINE TREE DRIVE, MIAMI BEACH FL 33140
Joseph B. Hoffman	director	9204 REDWOOD AVE, BETHESDA MD 20817
Matthew P Grosso	officer: Secretary, Treasurer and, other: Vice President	19 HASTING DRIVE, STONY BROOK NY 11790
Peter W Briggs	officer: Vice President	152 CROMPTON AVENUE #4, EAST GREENWICH RI 02818