Wealthbridge Acquisition (Wealthbridge Acquisition) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2020)

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What is Wealthbridge Acquisition 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. Wealthbridge Acquisition's long-term debt to total assests ratio for the quarter that ended in Mar. 2020 was 0.02.

Wealthbridge Acquisition's long-term debt to total assets ratio increased from Mar. 2019 (0.01) to Mar. 2020 (0.02). It may suggest that Wealthbridge Acquisition is progressively becoming more dependent on debt to grow their business.

Wealthbridge Acquisition LT-Debt-to-Total-Asset Historical Data

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

Wealthbridge Acquisition Annual Data

Trend

Dec18

Dec19

LT-Debt-to-Total-Asset

0.01

Wealthbridge Acquisition Quarterly Data
	Jul18	Mar19	Jun19	Sep19	Dec19	Mar20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.01	0.01	0.01	0.01	0.02

Wealthbridge Acquisition LT-Debt-to-Total-Asset Calculation

Wealthbridge Acquisition's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	0.466	/	58.601
	=

Wealthbridge Acquisition's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2020 is calculated as

LT Debt to Total Assets (Q: Mar. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2020 )	/	Total Assets (Q: Mar. 2020 )
	=	1.282	/	59.388
	=

Wealthbridge Acquisition (NAS:HHHH) 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.

Wealthbridge Acquisition LT-Debt-to-Total-Asset Related Terms

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