GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Getty Images Holdings Inc (NYSE:GETY.WS) » Definitions » LT-Debt-to-Total-Asset

GETY.WS (Getty Images Holdings) LT-Debt-to-Total-Asset : 0.54 (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Getty Images Holdings 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. Getty Images Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.54.

Getty Images Holdings's long-term debt to total assets ratio declined from Jun. 2023 (0.59) to Jun. 2024 (0.54). It may suggest that Getty Images Holdings is progressively becoming less dependent on debt to grow their business.


Getty Images Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Getty Images Holdings'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.

Getty Images Holdings LT-Debt-to-Total-Asset Chart

Getty Images Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.71 0.68 0.60 0.55

Getty Images Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.57 0.55 0.55 0.54

Getty Images Holdings LT-Debt-to-Total-Asset Calculation

Getty Images Holdings'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 )
=1438.516/2601.761
=0.55

Getty Images Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=1383.614/2566.535
=0.54

* 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.


Getty Images Holdings  (NYSE:GETY.WS) 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.


Getty Images Holdings LT-Debt-to-Total-Asset Related Terms

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


Getty Images Holdings Business Description

Traded in Other Exchanges
Address
605 5th Avenue South, Suite 400, Seattle, WA, USA, 98104
Getty Images Holdings Inc is engaged in the core mission of bringing the world's creative and editorial visual content solutions to its customers to engage their audiences. the company has developed market enhancements across e-commerce, content subscriptions, user-generated content, diverse and inclusive content, and proprietary research alongside investment in its technology platform, which includes artificial intelligence and machine learning-driven search functionality and image editing and integrated APIs, to become a trusted industry leader in the visual content. Geographically the company operates in the Americas, Europe, the Middle East, Africa, and Asia-Pacific, out of which a majority of its revenue is generated from the Americas.