Blackboxstocks (FRA:LI50) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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What is Blackboxstocks 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. Blackboxstocks's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Blackboxstocks's long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.03). It may suggest that Blackboxstocks is progressively becoming less dependent on debt to grow their business.

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

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

Blackboxstocks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.79

0.04

0.07

0.03

Blackboxstocks 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															0.09	0.03	0.02	0.03	0.03

Blackboxstocks LT-Debt-to-Total-Asset Calculation

Blackboxstocks'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 )
	=	0.274	/	9.012
	=	0.03

Blackboxstocks'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 )
	=	0.259	/	8.313
	=	0.03

Blackboxstocks (FRA:LI50) 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.

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

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Blackboxstocks (FRA:LI50) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackboxstocks Inc (FRA:LI50) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BLBX:USA

Address

5430 LBJ Freeway, Suite 1485, Dallas, TX, USA, 75240

Website

https://www.blackboxstocks.com

Blackboxstocks Inc is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Its web-based software (the Blackbox System) employs predictive technology enhanced by artificial intelligence to find volatility and unusual market activity that may result in a rapid change in the price of a stock or option. It provides users with a fully interactive social media platform that is integrated into its dashboard, enabling users to exchange information and ideas quickly and efficiently through a common network. It introduced a live audio/video feature that allows members to broadcast on their channels to share trading strategies and market insight within the Blackbox community.

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