QYOU Media (STU:0QY) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is QYOU Media 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. QYOU Media's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

QYOU Media's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that QYOU Media is progressively becoming less dependent on debt to grow their business.

QYOU Media LT-Debt-to-Total-Asset Historical Data

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

QYOU Media Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.37

0.02

0.01

0.02

QYOU Media Quarterly Data
	Dec19	Mar20	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															0.02	0.02	0.01	0.01	0.01

QYOU Media LT-Debt-to-Total-Asset Calculation

QYOU Media'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 )
	=	0.109	/	7.327
	=	0.01

QYOU Media'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 )
	=	0.071	/	8.598
	=	0.01

QYOU Media (STU:0QY) 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.

QYOU Media LT-Debt-to-Total-Asset Related Terms

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QYOU Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » QYOU Media Inc (STU:0QY) » Definitions » LT-Debt-to-Total-Asset

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QYOUF:USA QYOU:Canada

Address

154 University Avenue, Unit 601, Toronto, ON, CAN, M5H 3Y9

Website

https://www.qyoumedia.com

QYOU Media Inc is a global media company that, through its subsidiaries, curate, produce and distribute content created by social media stars and digital content creators. The Company operates in four geographical areas, being Canada, United States of America, Ireland and India.

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