RMBL (RumbleON) LT-Debt-to-Total-Asset : 0.45 (As of Dec. 2024)

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What is RumbleON 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. RumbleON's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.45.

RumbleON's long-term debt to total assets ratio increased from Dec. 2023 (0.40) to Dec. 2024 (0.45). It may suggest that RumbleON is progressively becoming more dependent on debt to grow their business.

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

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

RumbleON Annual Data

Trend

Nov15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.47

0.39

0.49

0.40

0.45

RumbleON Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.38	0.38	0.41	0.45

RumbleON LT-Debt-to-Total-Asset Calculation

RumbleON's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	341.8	/	755.2
	=	0.45

RumbleON's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	341.8	/	755.2
	=	0.45

RumbleON (NAS:RMBL) 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.

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

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RumbleON Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » RumbleON Inc (NAS:RMBL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

4Q01:Germany

Address

901 W. Walnut Hill Lane, Suite 110A, Irving, TX, USA, 75038

Website

https://www.rumbleon.com

RumbleON Inc is a USA-based online retailer that allows both consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience. Its segments include powersports dealership group and vehicle transportation services. The powersports dealership group segment is comprised of powersports dealerships that sell new and pre-owned powersports vehicles; parts, service and accessories; and finance and inventory products for powersports vehicles sold. The vehicle transportation services segment provides nationwide transportation brokerage services between dealerships and auctions.

Executives

Mark Alexander Cohen	10 percent owner	950 THIRD AVENUE, 17TH FLOOR, NEW YORK NY 10022
Stone House Capital Management, Llc	10 percent owner	1019 KANE CONCOURSE, SUITE 202, BAY HARBOR ISLANDS FL 33154
William Coulter	director, 10 percent owner	1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Mark Tkach	director, 10 percent owner, officer: Interim CEO	1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Sh Capital Partners, L.p.	10 percent owner	1019 KANE CONCOURSE, SUITE 202, BAY HARBOR ISLANDS FL 33154
Melvin Flanigan	director	C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60069
Michael Francis	officer: Chief Legal Officer	901 W. WALNUT HILL LANE, IRVING TX 75038
Steven J Pully	director	9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
Rebecca C. Polak	director	611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Wjc Properties, L.l.c.	other: Member of 13(d) Group	1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc-098 Trust	other: Member of 13(d) Group	1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc-2009, L.l.c.	other: Member of 13(d) Group	1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc 2021 Irrevocable Trust	other: Member of 13(d) Group	1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Blake Lawson	officer: Chief Financial Officer	C/O RUMBLEON, INC., 901 W. WALNUT HILL LANE, IRVING TX 75038
Adam Alexander	director	C/O RUMBLEON, INC., 901 W. WALNUT HILL LANE, IRVING TX 75038