Harte-Hanks (FRA:HHK1) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

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

What is Harte-Hanks 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. Harte-Hanks's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Harte-Hanks's long-term debt to total assets ratio increased from Mar. 2023 (0.14) to Mar. 2024 (0.20). It may suggest that Harte-Hanks is progressively becoming more dependent on debt to grow their business.

Harte-Hanks LT-Debt-to-Total-Asset Historical Data

The historical data trend for Harte-Hanks'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.

Harte-Hanks LT-Debt-to-Total-Asset Chart

Harte-Hanks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.36

0.22

0.14

0.19

Harte-Hanks Quarterly Data
	Jun19	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															0.14	0.13	0.12	0.19	0.20

Harte-Hanks LT-Debt-to-Total-Asset Calculation

Harte-Hanks'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 )
	=	21.725	/	112.568
	=	0.19

Harte-Hanks'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 )
	=	20.986	/	104.368
	=	0.20

Harte-Hanks (FRA:HHK1) 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.

Harte-Hanks LT-Debt-to-Total-Asset Related Terms

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

Harte-Hanks (FRA:HHK1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Harte-Hanks Inc (FRA:HHK1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HHS:USA

Address

1 Executive Drive, Chelmsford, MA, USA, 01824

Website

https://www.hartehanks.com

Harte-Hanks Inc is a customer experience company. The Company operates three business segments: Marketing Services; Customer Care; and Fulfillment & Logistics Services. The company has its geographic presence in United States and Other countries. Majority of the revenue is earned from United States.

Harte-Hanks (FRA:HHK1) Headlines

No Headlines