VERTF (Vertiqal Studios) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Vertiqal Studios 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. Vertiqal Studios's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

Vertiqal Studios's long-term debt to total assets ratio increased from Sep. 2023 (0.09) to Sep. 2024 (0.10). It may suggest that Vertiqal Studios is progressively becoming more dependent on debt to grow their business.

Vertiqal Studios LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vertiqal Studios'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.

Vertiqal Studios LT-Debt-to-Total-Asset Chart

Vertiqal Studios Annual Data

Trend

Nov19

Nov20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.08

0.78

Vertiqal Studios Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.78	0.95	1.08	0.10

Vertiqal Studios LT-Debt-to-Total-Asset Calculation

Vertiqal Studios'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 )
	=	4.312	/	5.526
	=	0.78

Vertiqal Studios'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 )
	=	0.431	/	4.248
	=	0.10

Vertiqal Studios (OTCPK:VERTF) 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.

Vertiqal Studios LT-Debt-to-Total-Asset Related Terms

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

Vertiqal Studios Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vertiqal Studios Corp (OTCPK:VERTF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VRTS:Canada

Address

120 Carlton Street, Suite 405, Toronto, ON, CAN, M5A 4K2

Website

https://www.vertiqalstudios.com

Vertiqal Studios Corp is an owned and operated digital-channel network and video-production studio. Specializing in the creation of viral videos, Vertiqal produces and distributes 100+ videos daily across 66 owned-and-operated channels, utilizing TV economics to monetize TikTok and Instagram, and revenue-share with OTT platforms such as Snapchat. Its strategic focus is producing high-performing organic (not paid) video across its channels in order to continue building its audience.