SoundThinking (SoundThinking) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is SoundThinking 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. SoundThinking's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

SoundThinking's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.01). It may suggest that SoundThinking is progressively becoming less dependent on debt to grow their business.

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

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

SoundThinking Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.03

0.02

0.01

SoundThinking Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.01	0.01	0.01

SoundThinking LT-Debt-to-Total-Asset Calculation

SoundThinking'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 )
	=	1.542	/	138.708
	=	0.01

SoundThinking'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 )
	=	1.279	/	144.972
	=	0.01

SoundThinking (NAS:SSTI) 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.

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

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SoundThinking (SoundThinking) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoundThinking Inc (NAS:SSTI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

918:Germany

Address

39300 Civic Center Drive, Suite 300, Fremont, CA, USA, 94538

Website

https://www.soundthinking.com

SoundThinking Inc is a public safety technology company that combines transformative solutions and strategic advisory services for law enforcement and civic leadership. Its flagship SafetySmart platform includes ShotSpotter, the acoustic gunshot detection system, CrimeTracer, the foremost law enforcement search engine, CaseBuilder, a one-stop investigation management system, and ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact.

Executives

Gary T Bunyard	officer: Sr. VP Public Safety Solutions	14775 GOLD LEAF COURT, DRAPER UT 84020
Nasim Golzadeh	officer: SVP Customer Support	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., SUITE 210, NEWARK CA 94560
Ralph A. Clark	director, officer: President and CEO	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Deborah A. Elam	director	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Alan R. Stewart	officer: Chief Financial Officer	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Regan Davis	officer: SVP Cust Succs & Field Eng	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Paul S. Ames	officer: Sr. VP Products and Technology	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Robert Samuel Klepper	officer: SVP Marketing and Products	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Randall Hawks	director, 10 percent owner	300 FRANK H. OGAWA PLAZA, #350, OAKLAND CA 94612
Ruby Sharma	director	24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Roberta S. Jacobson	director	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Joseph O. Hawkins	officer: Sr. VP, Operations	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Pascal Levensohn	director	CHEMIN DU CONNETABLE 8, COLOGNY, GENEVA V8 1223
Thomas T. Groos	director, 10 percent owner	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Gary M Lauder	10 percent owner	14600 WINCHESTER BLVD, LOS GATOS CA 95030