Tucows (LTS:0LH4) LT-Debt-to-Total-Asset : 0.67 (As of Dec. 2024)

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What is Tucows 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. Tucows's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.67.

Tucows's long-term debt to total assets ratio increased from Dec. 2023 (0.57) to Dec. 2024 (0.67). It may suggest that Tucows is progressively becoming more dependent on debt to grow their business.

Tucows LT-Debt-to-Total-Asset Historical Data

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

Tucows Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.29

0.38

0.57

0.67

Tucows Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.57	0.57	0.58	0.63	0.67

Tucows LT-Debt-to-Total-Asset Calculation

Tucows's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	507.971	/	758.796
	=	0.67

Tucows's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	507.971	/	758.796
	=	0.67

Tucows (LTS:0LH4) 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.

Tucows LT-Debt-to-Total-Asset Related Terms

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Tucows Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tucows Inc (LTS:0LH4) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TCX:USA TUQ1:Germany TC:Canada

Address

96 Mowat Avenue, Toronto, ON, CAN, M6K 3M1

Website

https://www.tucows.com

Tucows Inc is a corporate parent, allocating capital and providing efficient shared services to its three businesses. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services through an Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users. It operates in three segments: Ting, Wavelo, and Tucows Domains. It generates the majority of its revenue from Tucows Domains. Geographically company operates in USA, Canada and Europe.

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