DJT (Trump Media & Technology Group) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Trump Media & Technology Group 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. Trump Media & Technology Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Trump Media & Technology Group's long-term debt to total assets ratio declined from Dec. 2023 (1.11) to Dec. 2024 (0.01). It may suggest that Trump Media & Technology Group is progressively becoming less dependent on debt to grow their business.

Trump Media & Technology Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Trump Media & Technology Group'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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Trump Media & Technology Group LT-Debt-to-Total-Asset Chart

Trump Media & Technology Group Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.11

0.03

1.11

0.01

Trump Media & Technology Group Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						1.11	-	-	0.01	0.01

Trump Media & Technology Group LT-Debt-to-Total-Asset Calculation

Trump Media & Technology Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	7.396	/	938.288
	=	0.01

Trump Media & Technology Group'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 )
	=	7.396	/	938.288
	=	0.01

Trump Media & Technology Group (NAS:DJT) 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.

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Trump Media & Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trump Media & Technology Group Corp (NAS:DJT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DJTWW:USA

Address

401 North Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232

Website

https://www.tmtgcorp.com

Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest conversation without discriminating against political ideology.