Streamline Health Solutions (STU:LV1) LT-Debt-to-Total-Asset : 0.22 (As of Jan. 2024)

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What is Streamline Health Solutions 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. Streamline Health Solutions's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.22.

Streamline Health Solutions's long-term debt to total assets ratio increased from Jan. 2023 (0.15) to Jan. 2024 (0.22). It may suggest that Streamline Health Solutions is progressively becoming more dependent on debt to grow their business.

Streamline Health Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Streamline Health Solutions'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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Streamline Health Solutions LT-Debt-to-Total-Asset Chart

Streamline Health Solutions Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.04

0.16

0.15

0.22

Streamline Health Solutions Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.16	0.16	0.21	0.22

Streamline Health Solutions LT-Debt-to-Total-Asset Calculation

Streamline Health Solutions'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 )
	=	8.323	/	38.313
	=	0.22

Streamline Health Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	8.323	/	38.313
	=	0.22

Streamline Health Solutions (STU:LV1) 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.

Streamline Health Solutions LT-Debt-to-Total-Asset Related Terms

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Streamline Health Solutions (STU:LV1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Streamline Health Solutions Inc (STU:LV1) » Definitions » LT-Debt-to-Total-Asset

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STRM:USA

Address

2400 Old Milton Parkway, Box 1353, Alpharetta, GA, USA, 30009

Website

https://www.streamlinehealth.net

Streamline Health Solutions Inc provides transformational data-driven solutions for healthcare organizations. It provides computer software-based solutions through its looking glass platform. Its solutions include coding and CDI, coding audit, and financial management solutions. It offers various services, such as custom integration services, training services, electronic image conversion and database monitoring services. It sells its solutions and services in North America to hospitals and health systems, including physician practices, through its direct sales force and its reseller partnerships.

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