ARHTQ (ARHT Media) LT-Debt-to-Total-Asset : 1.07 (As of Jun. 2024)

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

What is ARHT Media 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. ARHT Media's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 1.07.

ARHT Media's long-term debt to total assets ratio increased from Jun. 2023 (0.02) to Jun. 2024 (1.07). It may suggest that ARHT Media is progressively becoming more dependent on debt to grow their business.

ARHT Media LT-Debt-to-Total-Asset Historical Data

The historical data trend for ARHT Media'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.

* Premium members only.

ARHT Media LT-Debt-to-Total-Asset Chart

ARHT Media Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.26

0.18

0.03

0.59

ARHT Media Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.34	0.59	0.67	1.07

ARHT Media LT-Debt-to-Total-Asset Calculation

ARHT Media'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 )
	=	1.532	/	2.578
	=	0.59

ARHT Media's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2.342	/	2.183
	=	1.07

ARHT Media (OTCPK:ARHTQ) 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.

ARHT Media LT-Debt-to-Total-Asset Related Terms

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

ARHT Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARHT Media Inc (OTCPK:ARHTQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ART.H:Canada

Address

195 Bentworth Avenue, Unit 2, Toronto, ON, CAN, M6A 1P9

Website

https://www.arhtmedia.com

ARHT Media Inc engages in the creation, transmission, and delivery of digital human hologram. The company offers HumaGrams which are interactive human holograms generated using Augmented Reality Holographic Technology (ARHT), which allows its customers to interact and conduct real-time e-commerce with consumers, as well as to provide analytics back to retailers through the platform. This platform supports various markets, such as seminars, conferences, trade shows, corporate meetings, education, and live events, and digital signages. The company's geographical segments include Canada; the United States; Europe and the Middle East; and Asia.