Urbana (Urbana) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Urbana 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. Urbana's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Urbana's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.09). It may suggest that Urbana is progressively becoming less dependent on debt to grow their business.

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

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

Urbana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.07

0.09

0.10

Urbana 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															0.10	0.10	0.08	0.10	0.09

Urbana LT-Debt-to-Total-Asset Calculation

Urbana'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 )
	=	31.828	/	335.901
	=	0.09

Urbana'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 )
	=	33.54	/	365.508
	=	0.09

Urbana (OTCPK:URNAF) 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.

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

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Urbana (Urbana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Urbana Corp (OTCPK:URNAF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

UBAAF:USA URB:Canada URB.A:Canada URB.A:Canada URB:Canada

Address

150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9

Website

https://www.urbanacorp.com

Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. The Company has a single operating segment which is managing company investments.