FuboTV (MEX:FUBO) LT-Debt-to-Total-Asset : 0.33 (As of Sep. 2024)

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What is FuboTV 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. FuboTV's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.33.

FuboTV's long-term debt to total assets ratio declined from Sep. 2023 (0.36) to Sep. 2024 (0.33). It may suggest that FuboTV is progressively becoming less dependent on debt to grow their business.

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

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

FuboTV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.25

0.34

0.35

FuboTV 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															0.36	0.35	0.36	0.35	0.33

FuboTV LT-Debt-to-Total-Asset Calculation

FuboTV'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 )
	=	7296.126	/	20923.137
	=	0.35

FuboTV'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 )
	=	7220.768	/	21704.578
	=	0.33

FuboTV (MEX:FUBO) 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.

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

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FuboTV Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » FuboTV Inc (MEX:FUBO) » Definitions » LT-Debt-to-Total-Asset

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FUBO:USA

Address

1290 Avenue of the Americas, New York, NY, USA, 10104

Website

https://www.fubo.tv

FuboTV Inc is a sports-first, live TV streaming company, offering subscribers access to tens of thousands of live sporting events annually as well as news and entertainment content. Its platform, FuboTV, allows customers to access content through streaming devices and on SmartTVs, mobile phones, tablets, and computers. The company offers subscribers a live TV streaming service with the option to purchase incremental features available for purchase that include additional content or enhanced functionality best suited to their preferences. The operating segment of the group is Streaming. It has a business presence in the United States and other international countries.