LookSmart Group (LookSmart Group) LT-Debt-to-Total-Asset : 0.71 (As of Jun. 2017)

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What is LookSmart Group 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. LookSmart Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2017 was 0.71.

LookSmart Group's long-term debt to total assets ratio increased from Mar. 2016 (0.46) to Jun. 2017 (0.71). It may suggest that LookSmart Group is progressively becoming more dependent on debt to grow their business.

LookSmart Group LT-Debt-to-Total-Asset Historical Data

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

LookSmart Group Annual Data

Trend

Dec14

Dec15

Dec16

LT-Debt-to-Total-Asset

0.39

0.54

LookSmart Group Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.46	0.55	0.53	0.54	0.71

LookSmart Group LT-Debt-to-Total-Asset Calculation

LookSmart Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )	/	Total Assets (A: Dec. 2016 )
	=	2.13	/	3.938
	=	0.54

LookSmart Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

LT Debt to Total Assets (Q: Jun. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2017 )	/	Total Assets (Q: Jun. 2017 )
	=	2.724	/	3.817
	=	0.71

LookSmart Group (OTCPK:LKST) 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.

LookSmart Group LT-Debt-to-Total-Asset Related Terms

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LookSmart Group (LookSmart Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » LookSmart Group Inc (OTCPK:LKST) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2850 West Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052

Website

https://www.looksmart.com

LookSmart Group Inc engages in providing digital advertising solutions. The company provides solutions for search and display advertising customers in a large online advertising ecosystem serving ads that target user queries on partner sites. It offers search advertising customers, and targeted search through a search advertising distribution network that uses the company's AdCenter platform technology. It offers advertisers the ability to buy graphical display advertising. The company derives its revenues from LookSmart AdCenter, Novatech.io, ShopWiki, and web searches.

LookSmart Group (LookSmart Group) Headlines

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