DigitalBridge Group (LTS:0YY7) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

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What is DigitalBridge 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. DigitalBridge Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

DigitalBridge Group's long-term debt to total assets ratio declined from Sep. 2023 (0.47) to Sep. 2024 (0.10). It may suggest that DigitalBridge Group is progressively becoming less dependent on debt to grow their business.

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

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

DigitalBridge Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.29

0.22

0.38

0.06

0.12

DigitalBridge Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.12	0.12	0.10	0.10

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

DigitalBridge Group'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 )
	=	420.818	/	3562.55
	=	0.12

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	340.747	/	3542.947
	=	0.10

DigitalBridge Group (LTS:0YY7) 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.

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

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DigitalBridge Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DigitalBridge Group Inc (LTS:0YY7) » Definitions » LT-Debt-to-Total-Asset

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Address

750 Park of Commerce Drive, Suite 210, Boca Raton, FL, USA, 33487

Website

https://www.digitalbridge.com

DigitalBridge Group Inc is a developer of alternative asset manager dedicated to investing in digital infrastructure. The company's platform invests in and operates businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, to provide clients with funds for digital infrastructure real estate infrastructure.

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