SERV (Serve Robotics) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Serve Robotics 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. Serve Robotics's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Serve Robotics's long-term debt to total assets ratio declined from Dec. 2023 (0.16) to Dec. 2024 (0.01). It may suggest that Serve Robotics is progressively becoming less dependent on debt to grow their business.

Serve Robotics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Serve Robotics'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.

* Premium members only.

Serve Robotics LT-Debt-to-Total-Asset Chart

Serve Robotics Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.44

0.16

0.01

Serve Robotics Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.16	0.03	-	-	0.01

Serve Robotics LT-Debt-to-Total-Asset Calculation

Serve Robotics'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 )
	=	1.113	/	139.601
	=	0.01

Serve Robotics'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 )
	=	1.113	/	139.601
	=	0.01

Serve Robotics (NAS:SERV) 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.

Serve Robotics LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Serve Robotics's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Serve Robotics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Serve Robotics Inc (NAS:SERV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

730 Broadway, Redwood, CA, USA, 94063

Website

https://www.serverobotics.com

Serve Robotics Inc is developing next-generation robots for last-mile delivery services. It design, develop and operate low-emissions robots on AI-powered robotics mobility platform, that serve people in public spaces, starting with food delivery. Its first product is a zero-emission robot that serves people in public areas, Starting with food delivery. It has developed an AI-robotics mobility platform, with last-mile delivery in cities as its first application.