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Alta Global Group (Alta Global Group) LT-Debt-to-Total-Asset : 0.06 (As of Jun. 2023)


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What is Alta Global 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. Alta Global Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.06.

Alta Global Group's long-term debt to total assets ratio increased from . 20 (0.00) to Jun. 2023 (0.06). It may suggest that Alta Global Group is progressively becoming more dependent on debt to grow their business.

Alta Global Group LT-Debt-to-Total-Asset Historical Data

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

Alta Global Group Annual Data
Trend Jun22 Jun23
LT-Debt-to-Total-Asset
1.44 0.06

Alta Global Group Semi-Annual Data
Jun22 Jun23
LT-Debt-to-Total-Asset 1.44 0.06

Alta Global Group LT-Debt-to-Total-Asset Calculation

Alta Global Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=0.266/4.853
=0.05

Alta Global Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=0.266/4.853
=0.05

* 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.

Alta Global Group  (AMEX:MMA) 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.

Alta Global Group LT-Debt-to-Total-Asset Related Terms

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Alta Global Group (Alta Global Group) Business Description

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Address
Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095
Website
https://www.trainalta.com
Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

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