Reinvent Technology Partners Y (Reinvent Technology Partners Y) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2021)

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What is Reinvent Technology Partners Y 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. Reinvent Technology Partners Y's long-term debt to total assests ratio for the quarter that ended in Jun. 2021 was 0.00.

Reinvent Technology Partners Y's long-term debt to total assets ratio stayed the same from Dec. 2020 (0.00) to Jun. 2021 (0.00).

Reinvent Technology Partners Y LT-Debt-to-Total-Asset Historical Data

The historical data trend for Reinvent Technology Partners Y'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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Reinvent Technology Partners Y LT-Debt-to-Total-Asset Chart

Reinvent Technology Partners Y Annual Data

Trend

Dec20

LT-Debt-to-Total-Asset

Reinvent Technology Partners Y Semi-Annual Data
	Dec20	Mar21	Jun21
LT-Debt-to-Total-Asset	-	-	-

Reinvent Technology Partners Y LT-Debt-to-Total-Asset Calculation

Reinvent Technology Partners Y's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	0	/	0.063
	=

Reinvent Technology Partners Y's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

LT Debt to Total Assets (Q: Jun. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2021 )	/	Total Assets (Q: Jun. 2021 )
	=	0	/	979.37
	=

Reinvent Technology Partners Y (NAS:RTPYW) 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.

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