SEAT (Vivid Seats) LT-Debt-to-Total-Asset : 0.25 (As of Sep. 2024)

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What is Vivid Seats 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. Vivid Seats's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.25.

Vivid Seats's long-term debt to total assets ratio increased from Sep. 2023 (0.20) to Sep. 2024 (0.25). It may suggest that Vivid Seats is progressively becoming more dependent on debt to grow their business.

Vivid Seats LT-Debt-to-Total-Asset Historical Data

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

Vivid Seats Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.41

0.75

0.33

0.24

0.18

Vivid Seats Quarterly Data
	Dec19	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														0.20	0.18	0.18	0.24	0.25

Vivid Seats LT-Debt-to-Total-Asset Calculation

Vivid Seats'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 )
	=	280.847	/	1550.099
	=	0.18

Vivid Seats'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 )
	=	401.533	/	1610.591
	=	0.25

Vivid Seats (NAS:SEAT) 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.

Vivid Seats LT-Debt-to-Total-Asset Related Terms

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Vivid Seats Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vivid Seats Inc (NAS:SEAT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 East Washington Street, Suite 900, Chicago, IL, USA, 60602

Website

https://www.vividseats.com

Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy events in the United States, Canada and Japan. It operates in two segments namely marketplace and resale.

Executives

Emily T Epstein	officer: General Counsel	101 MERRITT 7, NORWALK CT 06851
Edward Pickus	officer: Chief Accounting Officer	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Riva Bakal	officer: SVP, Strategy & Product	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Jonathan Miles Wagner	officer: Chief Technology Officer	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Hoya Topco, Llc	10 percent owner	C/O KIRKLAND & ELLIS LLP, 555 CALIFORNIA STREET, SUITE 2700, SAN FRANCISCO CA 94104
Craig A. Dixon	director	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
David E. Morris	officer: General Counsel	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Sbt Investors Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly	director, 10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Eldridge Industries, Llc	10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Horizon Sponsor, Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Jane E. Deflorio	director	3000 N.W. 107TH AVENUE, MIAMI FL 33172
Post Portfolio Trust, Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Security Benefit Life Insurance Co /ks/	10 percent owner	ONE SECURITY BENEFIT PLACE, TOPEKA KS 66636-0001
Julie D. Masino	director	C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606