Lottery.com (Lottery.com) Liabilities-to-Assets : 0.45 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Lottery.com Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Lottery.com's Total Liabilities for the quarter that ended in Mar. 2024 was $28.44 Mil. Lottery.com's Total Assets for the quarter that ended in Mar. 2024 was $63.06 Mil. Therefore, Lottery.com's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.45.

Lottery.com Liabilities-to-Assets Historical Data

The historical data trend for Lottery.com's Liabilities-to-Assets 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.

* Premium members only.

Lottery.com Liabilities-to-Assets Chart

Lottery.com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

0.51

0.67

0.10

0.22

0.42

Lottery.com Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Liabilities-to-Assets	Get a 7-Day Free Trial											0.25	0.28	0.31	0.42	0.45

Competitive Comparison of Lottery.com's Liabilities-to-Assets

For the Gambling subindustry, Lottery.com's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

Lottery.com's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lottery.com's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Lottery.com's Liabilities-to-Assets falls into.

Lottery.com Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Lottery.com's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	27.899	/	65.949
	=	0.42

Lottery.com's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )	=	Total Liabilities	/	Total Assets
	=	28.443	/	63.055
	=	0.45

Lottery.com (NAS:LTRYW) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Lottery.com Liabilities-to-Assets Related Terms

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

Lottery.com (Lottery.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lottery.com Inc (NAS:LTRYW) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

LTRY:USA

Address

20808 State Highway, 71 W, Unit B, Spicewood, TX, USA, 78669

Website

https://www.lottery.com

Lottery.com Inc is a technology company that is transforming how, where, and when the lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. It offers more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, the firm is fundamentally changing how non-profit donors are incentivized to action by gasifying charitable giving. In all that its mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.