GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Mynd.ai Inc (AMEX:MYND) » Definitions » LT-Debt-to-Total-Asset

Mynd.ai (Mynd.ai) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Mynd.ai 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. Mynd.ai's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Mynd.ai's long-term debt to total assets ratio increased from Dec. 2021 (0.00) to Dec. 2023 (0.18). It may suggest that Mynd.ai is progressively becoming more dependent on debt to grow their business.

Mynd.ai LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mynd.ai'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.

* Premium members only.

Mynd.ai LT-Debt-to-Total-Asset Chart

Mynd.ai Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.02 0.18

Mynd.ai Semi-Annual Data
Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset - 0.02 0.18

Mynd.ai LT-Debt-to-Total-Asset Calculation

Mynd.ai'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 )
=72.941/404.39
=0.18

Mynd.ai's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=72.941/404.39
=0.18

* 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.

Mynd.ai  (AMEX:MYND) 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.

Mynd.ai LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Mynd.ai's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Mynd.ai (Mynd.ai) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Mynd.ai Inc (AMEX:MYND) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
Traded in Other Exchanges
WK6:Germany
Address
3rd Floor, No. 28 Building, Fangguyuan Section 1, Fangzhuang, Fengtai District, Beijing, CHN, 100078
Website
Mynd.ai Inc is a company that provides a platform for delivering digital content in K-12 classrooms, giving teachers seamless connectivity to inspire young minds. It features agnostic hardware that integrates across technology providers. Its product line includes a wide range of interactive tools and technologies, with its award-winning interactive displays at the forefront. It also offers interactive software apps such as Screen Share, computing modules, and accessories that meet the unique needs of the customers, including K-12 educators, colleges and universities, small businesses and corporations, government agencies, and more.

Mynd.ai (Mynd.ai) Headlines

From GuruFocus

Promethean introduces new game-changing whiteboard app at FETC 2024

By PRNewswire • 01-24-2024

Mynd.ai, Inc. Consummates Merger Transaction

By PRNewswire • 12-13-2023