PlaySide Studios (ASX:PLY) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is PlaySide Studios 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. PlaySide Studios's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

PlaySide Studios's long-term debt to total assets ratio declined from Dec. 2023 (0.03) to Dec. 2024 (0.01). It may suggest that PlaySide Studios is progressively becoming less dependent on debt to grow their business.

PlaySide Studios LT-Debt-to-Total-Asset Historical Data

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

PlaySide Studios Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.07

0.03

0.02

PlaySide Studios Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.03	0.03	0.03	0.02	0.01

PlaySide Studios LT-Debt-to-Total-Asset Calculation

PlaySide Studios's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	1.172	/	69.146
	=	0.02

PlaySide Studios's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.709	/	63.131
	=	0.01

PlaySide Studios (ASX:PLY) 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.

PlaySide Studios LT-Debt-to-Total-Asset Related Terms

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PlaySide Studios Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PlaySide Studios Ltd (ASX:PLY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

QJ9:Germany

Address

75 Crockford Street, Level 1, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.playsidestudios.com

PlaySide Studios Ltd is a video game developer in Australia. The company delivers games across four platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR), and PC. Some of its games include Ghost Pop, Flush Force, Defend the Bits, Dumb Ways to Dash, and many others. The company has one reportable segment, the development and monetization of mobile, PC, and console video games.

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