PKLBF (Perk Labs) LT-Debt-to-Total-Asset: 0.03 (As of Aug. 2023)


What is Perk Labs LT-Debt-to-Total-Asset?

Perk Labs PKLBF -99.00% LT-Debt-to-Total-Asset is 0.03 as of Aug. 2023.

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. Perk Labs's long-term debt to total assests ratio for the quarter that ended in Aug. 2023 was 0.03.

Perk Labs's long-term debt to total assets ratio increased from Aug. 2022 (0.00) to Aug. 2023 (0.03). It may suggest that Perk Labs is progressively becoming more dependent on debt to grow their business.

Perk Labs  (OTCPK:PKLBF) 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.

Perk Labs LT-Debt-to-Total-Asset Related Terms

Perk Labs LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Perk Labs'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.

Perk Labs LT-Debt-to-Total-Asset Chart

Perk Labs Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.10 0.02 0.00

Perk Labs Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.03 0.03

Perk Labs LT-Debt-to-Total-Asset Calculation

Perk Labs's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

LT Debt to Total Assets (A: Nov. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2022 )/Total Assets (A: Nov. 2022 )
=0/0.355
=0.00

Perk Labs's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (Q: Aug. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2023 )/Total Assets (Q: Aug. 2023 )
=0.134/5.155
=0.03

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Perk Labs (PKLBF) has a LT-Debt-to-Total-Asset of 0.03 as of Aug. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Perk Labs and its competitors.
Is Perk Labs' LT-Debt-to-Total-Asset too high?
Perk Labs' current LT-Debt-to-Total-Asset is 0.03.
How does Perk Labs' LT-Debt-to-Total-Asset compare to MSFT and ORCL?
Perk Labs' LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Software company?
A good LT-Debt-to-Total-Asset depends on the Software industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Perk Labs and its competitors. Perk Labs's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perk Labs stock overvalued right now?
Perk Labs (PKLBF) has a current LT-Debt-to-Total-Asset of 0.03. The current LT-Debt-to-Total-Asset is 0.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Perk Labs (PKLBF), the current LT-Debt-to-Total-Asset is 0.03 as of Aug. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Perk Labs Business Description

Address 997 Seymour Street, Suite 250, Pmb 955, Vancouver, BC, CAN, V6B 3M1
Perk Labs Inc operates an online ordering, payments and loyalty platform. The company offers merchants three main products: online ordering, digital dine-in and custom branded apps and distributes its products through a digital franchise business model. Perk Hero is a digital loyalty management platform that enables merchants to provide their customers with digital rewards and a more engaging and convenient customer experience.