Entravision Communications (STU:EV9) LT-Debt-to-Total-Asset : 0.30 (As of Mar. 2024)

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What is Entravision Communications 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. Entravision Communications's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.30.

Entravision Communications's long-term debt to total assets ratio increased from Mar. 2023 (0.29) to Mar. 2024 (0.30). It may suggest that Entravision Communications is progressively becoming more dependent on debt to grow their business.

Entravision Communications LT-Debt-to-Total-Asset Historical Data

The historical data trend for Entravision Communications'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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Entravision Communications LT-Debt-to-Total-Asset Chart

Entravision Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.39

0.32

0.27

0.28

Entravision Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.29	0.28	0.28	0.30

Entravision Communications LT-Debt-to-Total-Asset Calculation

Entravision Communications'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 )
	=	224.864	/	794.072
	=	0.28

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	221.41	/	740.591
	=	0.30

Entravision Communications (STU:EV9) 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.

Entravision Communications LT-Debt-to-Total-Asset Related Terms

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Entravision Communications (STU:EV9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Entravision Communications Corp (STU:EV9) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

EVC:USA

Address

2425 Olympic Boulevard, Suite 6000 West, Santa Monica, CA, USA, 90404

Website

https://www.entravision.com

Entravision Communications Corp is a global media company. Its operations encompass integrated marketing and media solutions, comprised of television, radio, and digital properties and data analytics services. The company operates in television broadcasting, radio broadcasting, and digital media segments. It owns and operates more than 45 radio stations in 16 U.S. markets. The radio stations consist of approx 38 FM and 10 AM stations located in Arizona, California, Colorado, Florida, Nevada, New Mexico, and Texas. It also provides digital advertising solutions that allow advertisers to reach online Hispanic audiences worldwide.

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