Bandwidth (Bandwidth) LT-Debt-to-Total-Asset : 0.58 (As of Dec. 2023)

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What is Bandwidth 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. Bandwidth's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.58.

Bandwidth's long-term debt to total assets ratio increased from Dec. 2022 (0.52) to Dec. 2023 (0.58). It may suggest that Bandwidth is progressively becoming more dependent on debt to grow their business.

Bandwidth LT-Debt-to-Total-Asset Historical Data

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

Bandwidth Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.34

0.47

0.52

0.58

Bandwidth Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.52	0.49	0.46	0.60	0.58

Bandwidth LT-Debt-to-Total-Asset Calculation

Bandwidth'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 )
	=	639.074	/	1101.048
	=	0.58

Bandwidth's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	639.074	/	1101.048
	=	0.58

Bandwidth (NAS:BAND) 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.

Bandwidth LT-Debt-to-Total-Asset Related Terms

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Bandwidth (Bandwidth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bandwidth Inc (NAS:BAND) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

5XB:Germany 5XB:Germany

Address

900 Main Campus Drive, Raleigh, NC, USA, 27606

Website

https://www.bandwidth.com

Bandwidth Inc is cloud-based communications platform-as-a-service (CPaaS) provider that enables enterprises to create, scale and operate voice or messaging communications services across any mobile application or connected device. Company earns revenue through the sale of communications services offered through Application Programming Interface software solutions to large as well as small and medium-sized business, customers and is generally derived from usage and service fees. Usage revenue includes voice communication (driven by inbound and outbound minutes and toll-free minutes) and messaging communication (driven by the number of messages) that traverse the platform and network. Service fees include the provision and management of phone numbers and emergency services access.

Executives

Richard Brandon Asbill	officer: General Counsel	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Devin M Krupka	officer: Controller, PAO	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Daryl Raiford	officer: Chief Financial Officer	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Kade Ross	officer: Chief Information Officer	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
David A. Morken	director, 10 percent owner, officer: Chairman & CEO	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Rebecca Bottorff	officer: Chief People Officer	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Anthony Bartolo	officer: Chief Operating Officer	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Lukas M. Roush	director	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Marina C. Carreker	officer: President	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
Douglas A Suriano	director	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Brian D. Bailey	director, 10 percent owner	C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Gabriela Gonzalez	officer: Sr. VP Finance, Controller	1801 VARSITY DRIVE, RALEIGH NC 27606
John C. Murdock	director, 10 percent owner, officer: President	C/O BANDWIDTH INC., 2230 BANDMATE WAY, RALEIGH NC 27607
Jeffrey A. Hoffman	officer: Chief Financial Officer	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606
W. Christopher Matton	officer: General Counsel	C/O BANDWIDTH INC., 900 MAIN CAMPUS DRIVE, RALEIGH NC 27606