TomTom NV (TomTom NV) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is TomTom NV 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. TomTom NV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

TomTom NV's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.05). It may suggest that TomTom NV is progressively becoming more dependent on debt to grow their business.

TomTom NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for TomTom NV'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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TomTom NV LT-Debt-to-Total-Asset Chart

TomTom NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.03

0.02

0.03

0.05

TomTom NV 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															0.03	0.05	0.05	0.05	0.05

TomTom NV LT-Debt-to-Total-Asset Calculation

TomTom NV'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 )
	=	41.92	/	867.929
	=	0.05

TomTom NV'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 )
	=	42.436	/	838.076
	=	0.05

TomTom NV (OTCPK:TMOAY) 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.

TomTom NV LT-Debt-to-Total-Asset Related Terms

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TomTom NV (TomTom NV) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » TomTom NV (OTCPK:TMOAY) » Definitions » LT-Debt-to-Total-Asset

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TMOAF:USA TOM2:Netherlands TOM2a:UK 0MKS:UK OEMA:Germany

Address

De Ruijterkade 154, Amsterdam, NLD, 1011 AC

Website

https://www.tomtom.com

TomTom NV is a software company specializing in Developing and selling navigation and location-based products and services, including maps, traffic, navigation software, and portable navigation devices. The company operates in two reporting segments; Location Technology and Consumer. The Location Technology Segment is engaged in developing and selling location-based application components such as maps, services, and navigation software to customers in different market segments. The Consumer segment generates revenue mainly from the sale of portable navigation devices and mobile applications. The majority of revenue is derived from Location Technology Segment.

TomTom NV (TomTom NV) Headlines

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