CCTL (Coin Citadel) LT-Debt-to-Total-Asset: 0.83 (As of Jun. 2023)


What is Coin Citadel LT-Debt-to-Total-Asset?

Coin Citadel CCTL -99.00% LT-Debt-to-Total-Asset is 0.83 as of Jun. 2023.

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. Coin Citadel's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.83.

Coin Citadel's long-term debt to total assets ratio increased from . 20 (0.00) to Jun. 2023 (0.83). It may suggest that Coin Citadel is progressively becoming more dependent on debt to grow their business.

Coin Citadel  (OTCPK:CCTL) 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.

Coin Citadel LT-Debt-to-Total-Asset Related Terms

Coin Citadel LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Coin Citadel'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.

Coin Citadel LT-Debt-to-Total-Asset Chart

Coin Citadel Annual Data
Trend
LT-Debt-to-Total-Asset

Coin Citadel Semi-Annual Data
Jun23
LT-Debt-to-Total-Asset 0.83

Coin Citadel LT-Debt-to-Total-Asset Calculation

Coin Citadel's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )=Long-Term Debt & Capital Lease Obligation (A: . 20 )/Total Assets (A: . 20 )
=/
=

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

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=0.06/0.072
=0.83

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.83 mean?
Coin Citadel (CCTL) has a LT-Debt-to-Total-Asset of 0.83 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Coin Citadel and its competitors.
Is Coin Citadel's LT-Debt-to-Total-Asset too high?
Coin Citadel's current LT-Debt-to-Total-Asset is 0.83.
How does Coin Citadel's LT-Debt-to-Total-Asset compare to BEGI and MNTR?
Coin Citadel's LT-Debt-to-Total-Asset of 0.83 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Capital Markets company?
A good LT-Debt-to-Total-Asset depends on the Capital Markets industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Coin Citadel and its competitors. Coin Citadel's current LT-Debt-to-Total-Asset is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coin Citadel stock overvalued right now?
Coin Citadel (CCTL) has a current LT-Debt-to-Total-Asset of 0.83. The current LT-Debt-to-Total-Asset is 0.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Coin Citadel (CCTL), the current LT-Debt-to-Total-Asset is 0.83 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Coin Citadel Business Description

Address 401 Ryland Street, Reno, NV, USA, 89502
Coin Citadel is a Fintech company. The company is engaged in the bitcoin, blockchain, and digital currency industries. Coin Citadel mines Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV), and other Secure Hash Algorithm (SHA) 256 based protocol cryptocurrencies. Coin Citadel also owns additional miners from other manufacturers which mine Litecoin (LTC), Zcash (ZEC), and Ethereum (ETH).