GoPro (GPRO) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is GoPro 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. GoPro's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

GoPro's long-term debt to total assets ratio declined from Dec. 2022 (0.16) to Dec. 2023 (0.12). It may suggest that GoPro is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for GoPro'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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GoPro LT-Debt-to-Total-Asset Chart

GoPro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.27

0.35

0.12

0.16

0.12

GoPro 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															0.16	0.17	0.17	0.16	0.12

GoPro LT-Debt-to-Total-Asset Calculation

GoPro'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 )
	=	118.142	/	967.951
	=	0.12

GoPro'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 )
	=	118.142	/	967.951
	=	0.12

GoPro (NAS:GPRO) 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.

GoPro LT-Debt-to-Total-Asset Related Terms

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GoPro (GPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GoPro Inc (NAS:GPRO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

1GPRO:Italy 5G5:Germany 5G5:Germany GPRO34:Brazil GPRO:Austria

Address

3025 Clearview Way, San Mateo, CA, USA, 94402

Website

https://www.gopro.com

GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.

Executives

Eve T. Saltman	officer: VP, Corp/Bus Dev, GC, Sec	3000 CLEARVIEW WAY, SAN MATEO CA 94402
Brian Mcgee	officer: Vice President of Finance	3000 CLEARVIEW WAY, SAN MATEO CA 94402
Charles Lafrades	officer: Chief Accounting Officer	C/O GOPRO, INC., 455 ECCLES AVENUE, SOUTH SAN FRANCISCO CA 94080
Dean Jahnke	officer: Vice President, Global Sales	3000 CLEARVIEW WAY, SAN MATEO CA 94402
Lauren Zalaznick	director	425 LEXINGTON AVENUE, (ATTN: ANDREA ANDREZO), NEW YORK NY 10017
Kevin Hinge	officer: SVP, Chief Supply Chain Off.	3030 BINNACLE DR. #306, NAPLES FL 34103
Tyrone Ahmad-taylor	director	3000 CLEARVIEW WAY, SAN MATEO CA 94402
Frederic Welts	director	GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
S Aimee Lapic	officer: SVP, Chief Digital Officer	2101 WEBSTER ST #1650, OAKLAND CA 94612
Nicholas Woodman	director, 10 percent owner, officer: CEO, Chairman of the Board	3025 CLEARVIEW WAY, SAN MATEO CA 94402
Susan M Lyne	director	11 WEST 42ND STREET, NEW YORK NY 10036
Shaz Kahng	director	24 EAST AVENUE #139, NEW CANAAN CT 06840
Peter C Gotcher	director
Kenneth A Goldman	director	C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
James Lanzone	director	3000 CLEARVIEW WAY, SAN MATEO CA 94402