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Snail (SNAL) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)


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What is Snail 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. Snail's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Snail's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.00). It may suggest that Snail is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Snail'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.

Snail LT-Debt-to-Total-Asset Chart

Snail Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.05 0.09 0.09 0.02 -

Snail Quarterly Data
Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.01 - -

Snail LT-Debt-to-Total-Asset Calculation

Snail'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 )
=0.058/62.193
=0.00

Snail'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 )
=0.058/62.193
=0.00

* 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.


Snail  (NAS:SNAL) 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.


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

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Snail Business Description

Traded in Other Exchanges
N/A
Address
12049 Jefferson Boulevard, Culver City, CA, USA, 90230
Snail Inc is a global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PC's, and mobile devices. The geographic presence of the company is in the United States and the International market, where the majority of its revenue comes from the United States.
Executives
Heidy Kingwan Chow officer: Chief Financial Officer 92 KESTREL, IRVINE CA 92618
Neil Foster director 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Hai Shi director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Jim S. Tsai officer: Chief Executive Officer 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Sandra Pundmann director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Peter Yung Kang officer: Chief Operating Officer 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Ying Zhou director 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230
Xiaoming Ye 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Qianrong Capital Ltd 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Suzhou Ding Rong Investment Management Ltd 10 percent owner ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123
Hua Yuan International Ltd 10 percent owner ROOM 8201, INTERNATIONAL COMMERCE CENTRE, 1 AUSTIN ROAD WEST, KOWLOON, HONG KONG K3 999077
Ancient Jade (east) Holdings Ltd 10 percent owner FLOOR 12 - TOWER D, NO.1 XUANWUMENWAI ST, XICHENG DISTRICT, BEIJING F4 100000