Fansunite Entertainment (TSX:FANS) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is Fansunite Entertainment 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. Fansunite Entertainment's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Fansunite Entertainment's long-term debt to total assets ratio declined from Jun. 2023 (0.04) to Jun. 2024 (0.00). It may suggest that Fansunite Entertainment is progressively becoming less dependent on debt to grow their business.

Fansunite Entertainment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fansunite Entertainment'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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Fansunite Entertainment LT-Debt-to-Total-Asset Chart

Fansunite Entertainment Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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Fansunite Entertainment Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	-	-	-	-

Fansunite Entertainment LT-Debt-to-Total-Asset Calculation

Fansunite Entertainment'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 )
	=	0.029	/	57.424
	=	0.00

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0	/	48.747
	=

Fansunite Entertainment (TSX:FANS) 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.

Fansunite Entertainment LT-Debt-to-Total-Asset Related Terms

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Fansunite Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fansunite Entertainment Inc (TSX:FANS) » Definitions » LT-Debt-to-Total-Asset

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FUNFF:USA

Address

780 Beatty Street, Suite 303, Vancouver, BC, CAN, V6B 2M1

Website

https://www.fansunite.com

Fansunite Entertainment Inc is a sports and entertainment company that focuses on focusing on technology related to regulated and lawful online gaming in sports, esports and casino. Also, the company provides technology solutions and services in the global gaming and entertainment industries.

Executives

Scott Anthony Burton	Director, Senior Officer
Darius Eghdami	Director, Senior Officer
Christopher Grove	Director
Sean Hurley	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jeremy Hutchings	Senior Officer
Graeme Moore	Senior Officer
Ian Thomas Macaulay Winter	Senior Officer
Paul Petrie	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Damian Walker	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Fansunite Entertainment Headlines

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