Glacier Media (FRA:IA2) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Glacier Media 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. Glacier Media's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Glacier Media's long-term debt to total assets ratio increased from Sep. 2023 (0.03) to Sep. 2024 (0.06). It may suggest that Glacier Media is progressively becoming more dependent on debt to grow their business.

Glacier Media LT-Debt-to-Total-Asset Historical Data

The historical data trend for Glacier Media'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.

Glacier Media LT-Debt-to-Total-Asset Chart

Glacier Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.03

0.06

0.03

Glacier Media 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															0.03	0.03	0.03	0.06	0.06

Glacier Media LT-Debt-to-Total-Asset Calculation

Glacier Media'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 )
	=	3.254	/	117.698
	=	0.03

Glacier Media'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 )
	=	6.597	/	107.439
	=	0.06

Glacier Media (FRA:IA2) 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.

Glacier Media LT-Debt-to-Total-Asset Related Terms

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

Glacier Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Glacier Media Inc (FRA:IA2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GLMFF:USA GVC:Canada

Address

2188 Yukon Street, Vancouver, BC, CAN, V5Y 3P1

Website

https://www.glaciermedia.ca

Glacier Media Inc offers information and marketing solutions. The company operates in three segments Environmental, Property Information; Commodity Information; and Community Media. Environmental, Property Information includes the company's business-to-business content, marketing solutions, and data information products that are environmental, and property-related. Commodity Information includes business-to-business content, marketing solutions, and data information products that are agriculture, energy, and mining-related. The Community media segment includes the company's community media assets and related digital and printing operations. The company has a business presence in the United States and Canada and derives the majority of its revenue from Canada.

Glacier Media Headlines

No Headlines