DLOC (Digital Locations) LT-Debt-to-Total-Asset: 17.05 (As of Jun. 2024)

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What is Digital Locations LT-Debt-to-Total-Asset?

Digital Locations DLOC -99.00% LT-Debt-to-Total-Asset is 17.05 as of Jun. 2024.

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. Digital Locations's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 17.05.

Digital Locations's long-term debt to total assets ratio declined from Jun. 2023 (31.13) to Jun. 2024 (17.05). It may suggest that Digital Locations is progressively becoming less dependent on debt to grow their business.

Digital Locations  (OTCPK:DLOC) 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.

Digital Locations LT-Debt-to-Total-Asset Related Terms

Digital Locations LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Digital Locations'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.

Digital Locations LT-Debt-to-Total-Asset Chart

Digital Locations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.62 10.50 12.22

Digital Locations Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.13 14.45 12.22 12.25 17.05

Digital Locations LT-Debt-to-Total-Asset Calculation

Digital Locations'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 )
=0.599/0.049
=12.22

Digital Locations'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 )
=0.699/0.041
=

* 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 17.05 mean?
Digital Locations (DLOC) has a LT-Debt-to-Total-Asset of 17.05 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Digital Locations and its competitors.
Is Digital Locations' LT-Debt-to-Total-Asset too high?
Digital Locations' current LT-Debt-to-Total-Asset is 17.05.
How does Digital Locations' LT-Debt-to-Total-Asset compare to KASTD and PWR?
Digital Locations' LT-Debt-to-Total-Asset of 17.05 can be compared against companies in the Construction 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 Construction company?
A good LT-Debt-to-Total-Asset depends on the Construction 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 Digital Locations and its competitors. Digital Locations's current LT-Debt-to-Total-Asset is 17.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Locations stock overvalued right now?
Digital Locations (DLOC) has a current LT-Debt-to-Total-Asset of 17.05. The current LT-Debt-to-Total-Asset is 17.05. 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 Digital Locations (DLOC), the current LT-Debt-to-Total-Asset is 17.05 as of Jun. 2024. 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.

Digital Locations Business Description

Address 1117 State Street, Santa Barbara, CA, USA, 93101
Digital Locations Inc is developing a new technology that will enable high-speed Internet service to be delivered from satellites directly to smartphones. It aims to redesign the link technology between satellites and smartphones, which includes novel antenna designs, new integrated circuits, and innovative frequency management to support indoor and outdoor data connection.