Gannett Co (FRA:2N2A) LT-Debt-to-Total-Asset : 0.54 (As of Sep. 2024)

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What is Gannett Co 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. Gannett Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.54.

Gannett Co's long-term debt to total assets ratio increased from Sep. 2023 (0.54) to Sep. 2024 (0.54). It may suggest that Gannett Co is progressively becoming more dependent on debt to grow their business.

Gannett Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gannett Co'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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Gannett Co LT-Debt-to-Total-Asset Chart

Gannett Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.48

0.56

0.50

0.55

0.54

Gannett Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.54	0.54	0.56	0.55	0.54

Gannett Co LT-Debt-to-Total-Asset Calculation

Gannett Co'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 )
	=	1086.409	/	2000.203
	=	0.54

Gannett Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	998.091	/	1859.105
	=	0.54

Gannett Co (FRA:2N2A) 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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Gannett Co Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gannett Co Inc (FRA:2N2A) » Definitions » LT-Debt-to-Total-Asset

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GCI:USA 2N2A:Germany

Address

7950 Jones Branch Drive, McLean, VA, USA, 22107-0910

Website

https://www.gannett.com

Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The group operates in three segments, Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The majority of revenue is from the Domestic Gannett Media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream, and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest, providing more than 150 local media brands.

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