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CAUD (Collective Audience) LT-Debt-to-Total-Asset : 0.27 (As of Jun. 2024)


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What is Collective Audience 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. Collective Audience's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.27.

Collective Audience's long-term debt to total assets ratio increased from Jun. 2023 (0.02) to Jun. 2024 (0.27). It may suggest that Collective Audience is progressively becoming more dependent on debt to grow their business.


Collective Audience LT-Debt-to-Total-Asset Historical Data

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

Collective Audience Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.03 0.01 0.01 0.30

Collective Audience Quarterly Data
Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.45 0.30 0.32 0.27

Collective Audience LT-Debt-to-Total-Asset Calculation

Collective Audience'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 )
=3.603/12.23
=0.29

Collective Audience'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 )
=3.579/13.308
=

* 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.


Collective Audience  (OTCPK:CAUD) 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.


Collective Audience LT-Debt-to-Total-Asset Related Terms

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Collective Audience Business Description

Traded in Other Exchanges
N/A
Address
85 Broad Street, 16-079, New York, NY, USA, 10004
Collective Audience Inc is a provider of e-commerce and digital customer acquisition solutions by simplifying digital advertising. It provides a platform that brings all the latest trends, news, and strategies to use from the collective intelligence of their contributors. The company's digital marketing business includes a holistic, self-serve ad tech platform. Its proprietary data-driven, AI-powered solutions allows brands and agencies to advertise across thousands of the world's dominant digital and connected TV publishers.