Galaxy Digital Holdings (FRA:7LX) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Galaxy Digital Holdings 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. Galaxy Digital Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Galaxy Digital Holdings's long-term debt to total assets ratio declined from Sep. 2023 (0.83) to Sep. 2024 (0.00). It may suggest that Galaxy Digital Holdings is progressively becoming less dependent on debt to grow their business.

Galaxy Digital Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Galaxy Digital Holdings'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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Galaxy Digital Holdings LT-Debt-to-Total-Asset Chart

Galaxy Digital Holdings Annual Data

Trend

Dec14

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Dec23

LT-Debt-to-Total-Asset

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Galaxy Digital Holdings 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															0.83	-	0.43	0.41	-

Galaxy Digital Holdings LT-Debt-to-Total-Asset Calculation

Galaxy Digital Holdings'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	/	802.591
	=

Galaxy Digital Holdings'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 )
	=	0	/	953.762
	=

Galaxy Digital Holdings (FRA:7LX) 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.

Galaxy Digital Holdings LT-Debt-to-Total-Asset Related Terms

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Galaxy Digital Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Galaxy Digital Holdings Ltd (FRA:7LX) » Definitions » LT-Debt-to-Total-Asset

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Address

300 Vesey Street, New York, NY, USA, 10282

Website

https://www.galaxydigital.io

Galaxy Digital Holdings Ltd is a diversified financial services and investment management company dedicated to the digital assets and blockchain technology industry. The company operates through three business lines: Global Markets, Asset Management, and Digital Infrastructure Solutions. It generates revenue from the buying and selling of digital assets, net gains on digital assets, derivatives trading, and bespoke lending.

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