GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » UpSnap Inc (OTCPK:CEENQ) » Definitions » LT-Debt-to-Total-Asset

UpSnap (UpSnap) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2023)


View and export this data going back to 2007. Start your Free Trial

What is UpSnap 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. UpSnap's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

UpSnap's long-term debt to total assets ratio declined from Sep. 2022 (0.10) to Sep. 2023 (0.00). It may suggest that UpSnap is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for UpSnap'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.

UpSnap LT-Debt-to-Total-Asset Chart

UpSnap Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 - 0.06 0.09 -

UpSnap Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 - - - -

UpSnap LT-Debt-to-Total-Asset Calculation

UpSnap's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0/0.266
=0.00

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

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0/0.286
=0.00

* 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.


UpSnap  (OTCPK:CEENQ) 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.


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

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


UpSnap (UpSnap) Business Description

Traded in Other Exchanges
Address
100 Consilium Place, Suite 200, Toronto, ON, CAN, M1H 3E3
UpSnap Inc is a provider of mobile advertising solutions. It offers its mobile advertising services to national brands on a campaign basis and to small businesses on a subscription basis. In addition, it is involved in the licensing and support of its software solutions, as well as sale and service of software and hosting solutions. The company is conducting business in two geographic areas of operations - the United States and the rest of the world. It generates revenue from advertising services, software licensing, updated and support, and software customization.

UpSnap (UpSnap) Headlines

No Headlines