OOOOO Entertainment Commerce (TSXV:OOOO.H) LT-Debt-to-Total-Asset: 0.84 (As of Jul. 2023)

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What is OOOOO Entertainment Commerce LT-Debt-to-Total-Asset?

OOOOO Entertainment Commerce TSXV:OOOO.H LT-Debt-to-Total-Asset is 0.84 as of Jul. 2023.

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. OOOOO Entertainment Commerce's long-term debt to total assests ratio for the quarter that ended in Jul. 2023 was 0.84.

OOOOO Entertainment Commerce's long-term debt to total assets ratio increased from Jul. 2022 (0.33) to Jul. 2023 (0.84). It may suggest that OOOOO Entertainment Commerce is progressively becoming more dependent on debt to grow their business.

OOOOO Entertainment Commerce  (TSXV:OOOO.H) 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.

OOOOO Entertainment Commerce LT-Debt-to-Total-Asset Related Terms

OOOOO Entertainment Commerce LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce LT-Debt-to-Total-Asset Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.63

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.63 0.74 0.81 0.84

OOOOO Entertainment Commerce LT-Debt-to-Total-Asset Calculation

OOOOO Entertainment Commerce's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (A: Oct. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Oct. 2022 )/Total Assets (A: Oct. 2022 )
=1.637/2.609
=0.63

OOOOO Entertainment Commerce's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (Q: Jul. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2023 )/Total Assets (Q: Jul. 2023 )
=1.707/2.043
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.84 mean?
OOOOO Entertainment Commerce (TSXV:OOOO.H) has a LT-Debt-to-Total-Asset of 0.84 as of Jul. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on OOOOO Entertainment Commerce and its competitors.
Is OOOOO Entertainment Commerce's LT-Debt-to-Total-Asset too high?
OOOOO Entertainment Commerce's current LT-Debt-to-Total-Asset is 0.84.
How does OOOOO Entertainment Commerce's LT-Debt-to-Total-Asset compare to GOOGL and META?
OOOOO Entertainment Commerce's LT-Debt-to-Total-Asset of 0.84 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Interactive Media company?
A good LT-Debt-to-Total-Asset depends on the Interactive Media industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on OOOOO Entertainment Commerce and its competitors. OOOOO Entertainment Commerce's current LT-Debt-to-Total-Asset is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OOOOO Entertainment Commerce stock overvalued right now?
OOOOO Entertainment Commerce (TSXV:OOOO.H) has a current LT-Debt-to-Total-Asset of 0.84. The current LT-Debt-to-Total-Asset is 0.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For OOOOO Entertainment Commerce (TSXV:OOOO.H), the current LT-Debt-to-Total-Asset is 0.84 as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

OOOOO Entertainment Commerce Business Description

Address C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.