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Skillsoft (STU:C58) LT-Debt-to-Total-Asset : 0.55 (As of Oct. 2024)


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What is Skillsoft 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. Skillsoft's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.55.

Skillsoft's long-term debt to total assets ratio increased from Oct. 2023 (0.41) to Oct. 2024 (0.55). It may suggest that Skillsoft is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Skillsoft'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.

Skillsoft LT-Debt-to-Total-Asset Chart

Skillsoft Annual Data
Trend Dec19 Jan20 Jan23 Jan24
LT-Debt-to-Total-Asset
- - 0.36 0.46

Skillsoft Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jul21 Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.46 0.49 0.52 0.55

Skillsoft LT-Debt-to-Total-Asset Calculation

Skillsoft's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )/Total Assets (A: Jan. 2024 )
=538.625/1169.196
=0.46

Skillsoft's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )/Total Assets (Q: Oct. 2024 )
=533.497/967.141
=0.55

* 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.


Skillsoft  (STU:C58) 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.


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

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Skillsoft Business Description

Traded in Other Exchanges
Address
7887 E. Belleview Avenue, Suite 600, Greenwood Village, CO, USA, 80111
Skillsoft Corp is a leader in corporate digital learning. The company's segment includes Content & Platform and Instructor-Led Training. The Content & Platform business engages in the sale, marketing and delivery of its content learning solutions, in areas such as Leadership and Business, Technology and Developer and Compliance. The Instructor-Led Training business offers training solutions covering information technology and business skills for corporations and their employees. The majority of revenue is from the Content & Platform segment.

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