Hims & Hers Health (FRA:82W) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Hims & Hers Health 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. Hims & Hers Health's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Hims & Hers Health's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that Hims & Hers Health is progressively becoming more dependent on debt to grow their business.

Hims & Hers Health LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hims & Hers Health'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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Hims & Hers Health LT-Debt-to-Total-Asset Chart

Hims & Hers Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.02

Hims & Hers Health Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.01	0.01	0.01	0.02	0.02

Hims & Hers Health LT-Debt-to-Total-Asset Calculation

Hims & Hers Health'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 )
	=	7.948	/	404.568
	=	0.02

Hims & Hers Health's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	9.457	/	412.258
	=	0.02

Hims & Hers Health (FRA:82W) 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.

Hims & Hers Health LT-Debt-to-Total-Asset Related Terms

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Hims & Hers Health (FRA:82W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hims & Hers Health Inc (FRA:82W) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HIMS:USA 82W:Germany

Address

2269 Chestnut Street, Suite 523, San Francisco, CA, USA, 94123

Website

https://www.forhims.com

Hims & Hers Health Inc is a multi-specialty telehealth platform that connects consumers to licensed healthcare professionals, enabling them to access high-quality medical care for numerous conditions related to mental health, sexual health, dermatology, primary care, and more.

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