Marqeta (FRA:8QJ) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

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

Marqeta's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.00). It may suggest that Marqeta is progressively becoming less dependent on debt to grow their business.

Marqeta LT-Debt-to-Total-Asset Historical Data

The historical data trend for Marqeta'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.

Marqeta LT-Debt-to-Total-Asset Chart

Marqeta Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.08

0.03

0.01

Marqeta Quarterly Data
	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	-	-	-	-

Marqeta LT-Debt-to-Total-Asset Calculation

Marqeta'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 )
	=	4.701	/	1457.747
	=	0.00

Marqeta'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 )
	=	3.754	/	1433.692
	=	0.00

Marqeta (FRA:8QJ) 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.

Marqeta LT-Debt-to-Total-Asset Related Terms

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

Marqeta (FRA:8QJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marqeta Inc (FRA:8QJ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

RPD FOUR DAVA APPN PAGS STNE ACIW FLYW EVTC PAYO MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

MQ:USA MQ:Mexico

Address

180 Grand Avenue, 6th Floor, Oakland, CA, USA, 94612

Website

https://www.marqeta.com

Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.

Marqeta (FRA:8QJ) Headlines

No Headlines