The Meet Group (The Meet Group) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2020)

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What is The Meet 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. The Meet Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2020 was 0.11.

The Meet Group's long-term debt to total assets ratio increased from Jun. 2019 (0.08) to Jun. 2020 (0.11). It may suggest that The Meet Group is progressively becoming more dependent on debt to grow their business.

The Meet Group LT-Debt-to-Total-Asset Historical Data

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

The Meet Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.15

0.07

0.13

The Meet Group Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.13	0.13	0.13	0.11

The Meet Group LT-Debt-to-Total-Asset Calculation

The Meet Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	35.452	/	272.721
	=	0.13

The Meet Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

LT Debt to Total Assets (Q: Jun. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2020 )	/	Total Assets (Q: Jun. 2020 )
	=	32.922	/	292.601
	=	0.11

The Meet Group (NAS:MEET) 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.

The Meet Group LT-Debt-to-Total-Asset Related Terms

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The Meet Group (The Meet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » The Meet Group Inc (NAS:MEET) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Union Square Drive, New Hope, PA, USA, 18938

Website

http://www.themeetgroup.com

The Meet Group Inc is a leading provider of interactive livestreaming solutions designed to meet the universal need for human connection. The company's ecosystem of livestreaming apps enables users to interact through one-to-many livestreaming broadcasts and text-based conversations. The apps, MeetMe, LOVOO, Skout, Tagged and Growlr deliver live interactions and meaningful connections to millions of users daily.

Executives

James E. Bugden	officer: Chief Financial Officer	C/O INSIDER GUIDES, INC. 280 UNION SQUARE DRIVE NEW HOPE PA 18938
Geoffrey Cook	director, officer: Chief Executive Officer	280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Jason Whitt	director	C/O VANTAGEPOINT VENTURE PARTNERS 1001 BAYHILL DRIVE, SUITE 300 SAN BRUNO CA 94066
Jean B Clifton	director	220 WEST 42ND STREET NEW YORK NY 10036
Frederic Beckley	officer: General Counsel	280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Bedi Ajay Singh	director	6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028
Spencer Garrett Rhodes	director	2920 BUCHANAN STREET #4 SAN FRANCISCO CA 94123
Keith Richman	director	C/O GRUBHUB INC. 111 W. WASHINGTON STREET, SUITE 2100 CHICAGO IL 60602
Christopher Fralic	director	4040 LOCUST STREET, PHILADELPHIA PA 19104
Luxor Capital Group, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lugard Road Capital Gp, Llc	10 percent owner	1114 AVENUE OF THE AMERICAS, 28TH FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Wavefront, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd	10 percent owner	C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Lcg Holdings Llc	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036