Alphabet(Google) (GOOGL) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

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What is Alphabet(Google) 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. Alphabet(Google)'s long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Alphabet(Google)'s long-term debt to total assets ratio declined from Dec. 2022 (0.07) to Dec. 2023 (0.06). It may suggest that Alphabet(Google) is progressively becoming less dependent on debt to grow their business.

Alphabet(Google) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alphabet(Google)'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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Alphabet(Google) LT-Debt-to-Total-Asset Chart

Alphabet(Google) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.08

0.07

0.06

Alphabet(Google) 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															0.07	0.07	0.07	0.07	0.06

Alphabet(Google) LT-Debt-to-Total-Asset Calculation

Alphabet(Google)'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 )
	=	25713	/	402392
	=	0.06

Alphabet(Google)'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 )
	=	25713	/	402392
	=	0.06

Alphabet(Google) (NAS:GOOGL) 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.

Alphabet(Google) LT-Debt-to-Total-Asset Related Terms

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Alphabet(Google) (GOOGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Alphabet Inc(Google) (NAS:GOOGL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Address

1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043

Website

https://www.abc.xyz

Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.

Executives

R. Martin Chavez	director	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Prabhakar Raghavan	officer: Senior Vice President	C/O ALPHABET INC.,, 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Philipp Schindler	officer: SVP, Chief Business Officer	C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94568
John Kent Walker	officer: SVP, Global Affairs and CLO	1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
Frances Arnold	director	5200 ILLUMINA WAY, SAN DIEGO CA 92122
Robin L Washington	director	333 LAKESIDE DRIVE, FOSTER CITY CA 94404
Amie Thuener O'toole	officer: VP, Chief Accounting Officer	C/O ALPHABET INC., 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Antonio Lee	10 percent owner, other: Investor/Large Shareholder	4009 216TH STREET, MATTESON IL 60443
Ferguson Roger W. Jr.	director	CORNING INCORPORATED, ONE RIVERFRONT PLAZA, CORNING NY 14831
James Grier Campbell	officer: VP, Alphabet Corp. Controller	1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
John L Hennessy	director
Kavitark Ram Shriram	director	1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Alan R Mulally	director	P.O. BOX 995, MERCER ISLAND WA 98040
Ann Mather	director
Shirley M Tilghman	director	GOOGLE INC., 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043