Electronic Arts (FRA:ERT) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

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What is Electronic Arts 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. Electronic Arts's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Electronic Arts's long-term debt to total assets ratio declined from Dec. 2022 (0.14) to Dec. 2023 (0.14). It may suggest that Electronic Arts is progressively becoming less dependent on debt to grow their business.

Electronic Arts LT-Debt-to-Total-Asset Historical Data

The historical data trend for Electronic Arts'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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Electronic Arts LT-Debt-to-Total-Asset Chart

Electronic Arts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.11

0.04

0.14

Electronic Arts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.14	0.14	0.14	0.14

Electronic Arts LT-Debt-to-Total-Asset Calculation

Electronic Arts's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	1755.92	/	12570.706
	=	0.14

Electronic Arts's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1724.877	/	12486.789
	=	0.14

Electronic Arts (FRA:ERT) 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.

Electronic Arts LT-Debt-to-Total-Asset Related Terms

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Electronic Arts (FRA:ERT) Business Description

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Comparable Companies

Traded in Other Exchanges

EA:USA EA:Mexico 1EA:Italy ERT:Germany ERT:Germany ERT:Germany EAIN34:Brazil

Address

209 Redwood Shores Parkway, Redwood City, CA, USA, 94065

Website

https://www.ea.com

EA is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC, Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.

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