Gentoo Media (OSL:G2MNO) LT-Debt-to-Total-Asset : 0.63 (As of Sep. 2024)

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What is Gentoo Media 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. Gentoo Media's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.63.

Gentoo Media's long-term debt to total assets ratio increased from Sep. 2023 (0.05) to Sep. 2024 (0.63). It may suggest that Gentoo Media is progressively becoming more dependent on debt to grow their business.

Gentoo Media LT-Debt-to-Total-Asset Historical Data

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

Gentoo Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.37

0.62

0.60

0.37

0.29

Gentoo Media 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															0.05	0.29	0.29	0.35	0.63

Gentoo Media LT-Debt-to-Total-Asset Calculation

Gentoo Media'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 )
	=	896.837	/	3136.474
	=	0.29

Gentoo Media'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 )
	=	1078.553	/	1704.768
	=	0.63

Gentoo Media (OSL:G2MNO) 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.

Gentoo Media LT-Debt-to-Total-Asset Related Terms

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Gentoo Media Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gentoo Media Inc (OSL:G2MNO) » Definitions » LT-Debt-to-Total-Asset

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G2M:Sweden GI11:Germany

Address

Golden Mile Business Centre, Triq Id-Dragunara, St Julian’s, MLT, 3148

Website

https://gentoomedia.com

Gentoo Media Inc is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry, offering an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through its prominent industry sites.

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