SharpLink Gaming (FRA:771) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is SharpLink Gaming 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. SharpLink Gaming's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

SharpLink Gaming's long-term debt to total assets ratio declined from Jun. 2023 (0.04) to Jun. 2024 (0.00). It may suggest that SharpLink Gaming is progressively becoming less dependent on debt to grow their business.

SharpLink Gaming LT-Debt-to-Total-Asset Historical Data

The historical data trend for SharpLink Gaming'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.

SharpLink Gaming LT-Debt-to-Total-Asset Chart

SharpLink Gaming Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.04

0.01

0.03

0.02

SharpLink Gaming Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.04	0.03	0.02	-	-

SharpLink Gaming LT-Debt-to-Total-Asset Calculation

SharpLink Gaming'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 )
	=	1.307	/	65.364
	=	0.02

SharpLink Gaming'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	/	3.496
	=	0.00

SharpLink Gaming (FRA:771) 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.

SharpLink Gaming LT-Debt-to-Total-Asset Related Terms

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

SharpLink Gaming Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SharpLink Gaming Inc (FRA:771) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SBET:USA

Address

333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401

Website

https://www.sharplink.com

SharpLink Gaming Ltd is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The Company has four operating segments: Affiliate Marketing Services-United States, Sports Gaming Client Services, Enterprise Telecom Expense Management (TEM) and Affiliate Marketing Services-International. Most of the revenue earned is from United states.

SharpLink Gaming Headlines

No Headlines