Tiny (TSXV:TINY) LT-Debt-to-Total-Asset : 0.27 (As of Sep. 2024)

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What is Tiny 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. Tiny's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.27.

Tiny's long-term debt to total assets ratio declined from Sep. 2023 (0.29) to Sep. 2024 (0.27). It may suggest that Tiny is progressively becoming less dependent on debt to grow their business.

Tiny LT-Debt-to-Total-Asset Historical Data

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

Tiny Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.40

0.31

Tiny Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.29	0.31	0.33	0.27	0.27

Tiny LT-Debt-to-Total-Asset Calculation

Tiny'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 )
	=	120.917	/	392.635
	=	0.31

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	100.229	/	374.471
	=	0.27

Tiny (TSXV:TINY) 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.

Tiny LT-Debt-to-Total-Asset Related Terms

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Tiny Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tiny Ltd (TSXV:TINY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TNYZF:USA I0B:Germany

Address

2900 - 550 Burrard Street, Vancouver, BC, CAN, V6C 0A3

Website

https://www.tiny.com

Tiny Ltd operates as a technology holding company which acquires majority stakes in businesses. Its investments are predominantly internet and technology-focused, but it also owns businesses in other industries. The company's reportable segments are; Digital Services, Creative Platform, Software, and Apps. Geographically, it generates key revenue from the United States followed by Europe, Canada, Asia, Australasia, and other regions.

Executives

Timothy Andrew Mcelvaine	Director
Shane Alexander Parrish	Director
Jordan Taub	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Andrew David Charles Wilkinson	10% Security Holder, Director, Senior Officer
Pradeep Nalluri	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
David Charron	Senior Officer
Ampere On Pui Chan	Senior Officer