Radiko Holdings (XCNQ:RDKO) LT-Debt-to-Total-Asset : 0.58 (As of Sep. 2020)

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What is Radiko Holdings 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. Radiko Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2020 was 0.58.

Radiko Holdings's long-term debt to total assets ratio increased from Sep. 2019 (0.01) to Sep. 2020 (0.58). It may suggest that Radiko Holdings is progressively becoming more dependent on debt to grow their business.

Radiko Holdings LT-Debt-to-Total-Asset Historical Data

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

Radiko Holdings Annual Data

Trend

Jul11

Jul12

Jul13

Jul14

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Jul16

Jul17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.12

0.04

Radiko Holdings Quarterly Data
	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.04	0.03	0.59	0.58

Radiko Holdings LT-Debt-to-Total-Asset Calculation

Radiko Holdings'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 )
	=	0.13	/	3.579
	=	0.04

Radiko Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (Q: Sep. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2020 )	/	Total Assets (Q: Sep. 2020 )
	=	4.994	/	8.663
	=	0.58

Radiko Holdings (XCNQ:RDKO) 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.

Radiko Holdings LT-Debt-to-Total-Asset Related Terms

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Radiko Holdings (XCNQ:RDKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Radiko Holdings Corp (XCNQ:RDKO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

12655 West Jefferson Boulevard, Los Angeles, CA, USA, 90066

Website

https://www.radikoholdings.com

Radiko Holdings Corp through its subsidiaries, is engaged in cannabis product manufacturing and distributing. The group generates revenue from licensing fees, royalties and agreements with companies who distribute and sell products in the Cannabis Industry, as well from the direct sale of merchandise such as clothing, paraphernalia, posters, and other products. Its other brands include La Vida Verde, Blank Brand, and Skunk Feather.

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