WARM (Cool Technologies) LT-Debt-to-Total-Asset: 0.14 (As of Sep. 2023)


What is Cool Technologies LT-Debt-to-Total-Asset?

Cool Technologies WARM -90.00% LT-Debt-to-Total-Asset is 0.14 as of Sep. 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. Cool Technologies's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.14.

Cool Technologies's long-term debt to total assets ratio increased from Sep. 2022 (0.02) to Sep. 2023 (0.14). It may suggest that Cool Technologies is progressively becoming more dependent on debt to grow their business.

Cool Technologies  (OTCPK:WARM) 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.

Cool Technologies LT-Debt-to-Total-Asset Related Terms

Cool Technologies LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Cool Technologies'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.

Cool Technologies LT-Debt-to-Total-Asset Chart

Cool Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.06 0.08 0.03 0.01

Cool Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.02 0.01 0.01 0.01 0.14

Cool Technologies LT-Debt-to-Total-Asset Calculation

Cool Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0.009/1.043
=

Cool Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0.125/0.916
=

* 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 0.14 mean?
Cool Technologies (WARM) has a LT-Debt-to-Total-Asset of 0.14 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Cool Technologies and its competitors.
Is Cool Technologies' LT-Debt-to-Total-Asset too high?
Cool Technologies' current LT-Debt-to-Total-Asset is 0.14.
How does Cool Technologies' LT-Debt-to-Total-Asset compare to MJHI and PHOT?
Cool Technologies' LT-Debt-to-Total-Asset of 0.14 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good LT-Debt-to-Total-Asset depends on the Industrial Distribution 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 Cool Technologies and its competitors. Cool Technologies's current LT-Debt-to-Total-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cool Technologies stock overvalued right now?
Cool Technologies (WARM) has a current LT-Debt-to-Total-Asset of 0.14. The current LT-Debt-to-Total-Asset is 0.14. 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 Cool Technologies (WARM), the current LT-Debt-to-Total-Asset is 0.14 as of Sep. 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.

Cool Technologies Business Description

Address 8875 Hidden River Parkway, Suite 300, Tampa, FL, USA, 33637
Cool Technologies Inc is engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. Its market for products utilizing its technology includes consumer, industrial and military markets, both in the United States and across the world. The technology offered by the company includes heat dispersion technology and mobile power generation .