CRCT (Cricut) Debt-to-Asset : 0.02 (As of Sep. 2024)

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What is Cricut Debt-to-Asset?

Cricut's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $4.6 Mil. Cricut's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.9 Mil. Cricut's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $663.8 Mil. Cricut's debt to asset for the quarter that ended in Sep. 2024 was 0.02.

Cricut Debt-to-Asset Historical Data

The historical data trend for Cricut's Debt-to-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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Cricut Debt-to-Asset Chart

Cricut Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.17

0.02

Cricut Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Cricut's Debt-to-Asset

For the Computer Hardware subindustry, Cricut's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cricut's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cricut's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Cricut's Debt-to-Asset falls into.

Cricut Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cricut's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(5.23	+	8.938)	/	750.122
	=	0.02

Cricut's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.595	+	5.864)	/	663.765
	=	0.02

Cricut (NAS:CRCT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Cricut Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Cricut's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Cricut Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cricut Inc (NAS:CRCT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

398:Germany

Address

10855 South River Front Parkway, South Jordan, UT, USA, 84095

Website

https://www.cricut.com

Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs, and T-shirts to large-scale interior decorations. It derives revenues from three segments including the Connected machines engaged in the sale of its connected machine hardware and related essential software, the Subscriptions segment provides monthly and annual subscription fees, and the Accessories and Materials segment provides craft, DIY, home decor products and heat presses including the Cricut EasyPress, Cricut Mug Press, and Cricut Autopress.

Executives

Arora Ashish	director, 10 percent owner, officer: Chief Executive Officer	10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Donald B. Olsen	officer: EVP, General Counsel & Sec.	10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Abdiel Qualified Master Fund Lp	10 percent owner	90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Jason Makler	director	10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Ryan Harmer	officer: Principal Accounting Officer	10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Kimball C Shill	officer: Chief Financial Officer	10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Gregory Rowberry	officer: EVP, Sales	10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Len Blackwell	director	10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Abdiel Capital Management, Llc	10 percent owner	90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Moran Colin T.	10 percent owner	410 PARK AVE, SUITE 930, NEW YORK NY 10022
Abdiel Capital Advisors, Lp	10 percent owner	90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Abdiel Capital Lp	10 percent owner	C/O ABDIEL CAPITAL ADVISORS, LP, 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Martin F Petersen	officer: Chief Financial Officer	5152 NORTH EDGEWOOD DRIVE, SUITE 375, PROVO UT 84604
Petrus Trust Company, Lta	10 percent owner	3000 TURTLE CREEK BLVD., DALLAS TX 75219
L.p. Hwgaa,	10 percent owner	3000 TURTLE CREEK BLVD, DALLAS TX 75219