THBRF (Thunderbird Entertainment Group) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Thunderbird Entertainment 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. Thunderbird Entertainment Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Thunderbird Entertainment Group's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.08). It may suggest that Thunderbird Entertainment Group is progressively becoming less dependent on debt to grow their business.

Thunderbird Entertainment Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thunderbird Entertainment 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.

* Premium members only.

Thunderbird Entertainment Group LT-Debt-to-Total-Asset Chart

Thunderbird Entertainment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.14

0.13

0.10

0.09

Thunderbird Entertainment Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.08	0.09	0.08	0.08

Thunderbird Entertainment Group LT-Debt-to-Total-Asset Calculation

Thunderbird Entertainment Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	11.253	/	125.937
	=	0.09

Thunderbird Entertainment Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	10.143	/	132.296
	=	0.08

Thunderbird Entertainment Group (OTCPK:THBRF) 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.

Thunderbird Entertainment Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Thunderbird Entertainment Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Thunderbird Entertainment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Thunderbird Entertainment Group Inc (OTCPK:THBRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

32GA:Germany TBRD:Canada

Address

123 West 7th Avenue, Vancouver, BC, CAN, V5Y 1L8

Website

https://www.thunderbird.tv

Thunderbird Entertainment Group Inc is a multi-platform media company that develops, produces, and distributes film and television programming for the domestic and international markets. The company's programs cover multiple genres with a focus on kids and family entertainment, scripted comedy, drama, and factual non-scripted content. The company operates through one operating segment being film and television production and distribution.