Zoo Digital Group (STU:2ZD) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

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What is Zoo Digital Group 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. Zoo Digital Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Zoo Digital Group's long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.08). It may suggest that Zoo Digital Group is progressively becoming less dependent on debt to grow their business.

Zoo Digital Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zoo Digital Group'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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Zoo Digital Group LT-Debt-to-Total-Asset Chart

Zoo Digital Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.12

0.07

0.13

0.11

0.09

Zoo Digital Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.11	0.11	0.09	0.08

Zoo Digital Group LT-Debt-to-Total-Asset Calculation

Zoo Digital Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	3.98	/	45.178
	=	0.09

Zoo Digital Group'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 )
	=	3.417	/	42.857
	=	0.08

Zoo Digital Group (STU:2ZD) 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.

Zoo Digital Group LT-Debt-to-Total-Asset Related Terms

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Zoo Digital Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zoo Digital Group PLC (STU:2ZD) » Definitions » LT-Debt-to-Total-Asset

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ZDGGF:USA ZOO:UK

Address

Angel Street, Floor 2, Castle House, Sheffield, GBR, S3 8LN

Website

https://www.zoodigital.com

Zoo Digital Group PLC through its subsidiaries provides cloud technology services. Its services are used for digital content authoring, video post-production, and localisation for entertainment, publishing, and packaging markets. The company's operating segment includes Media Production and Software solutions. Media Production includes localisation and media services. It generates maximum revenue from the Media Production segment. Geographically, it operates in the United Kingdom and the United States, out of which it derives the majority of its revenue from the United States.

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