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hear.com NV (hear.com NV) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2021)


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What is hear.com NV 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. hear.com NV's long-term debt to total assests ratio for the quarter that ended in Mar. 2021 was 0.04.

hear.com NV's long-term debt to total assets ratio increased from Dec. 2019 (0.00) to Mar. 2021 (0.04). It may suggest that hear.com NV is progressively becoming more dependent on debt to grow their business.

hear.com NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for hear.com NV'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.

hear.com NV LT-Debt-to-Total-Asset Chart

hear.com NV Annual Data
Trend Sep18 Sep19 Sep20
LT-Debt-to-Total-Asset
0.09 0.07 0.06

hear.com NV Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - - 0.06 0.05 0.04

hear.com NV LT-Debt-to-Total-Asset Calculation

hear.com NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (A: Sep. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2020 )/Total Assets (A: Sep. 2020 )
=5.78/98.024
=0.06

hear.com NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (Q: Mar. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2021 )/Total Assets (Q: Mar. 2021 )
=5.035/117.636
=0.04

* 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.

hear.com NV  (NAS:HCG) 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.

hear.com NV LT-Debt-to-Total-Asset Related Terms

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hear.com NV (hear.com NV) Business Description

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https://www.hear.com
hear.com NV is a global leader in the hearing aid industry, It provides the most comprehensive care for all your hearing needs.

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