WLDS (Wearable Devices) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Wearable Devices 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. Wearable Devices's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

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

Wearable Devices LT-Debt-to-Total-Asset Historical Data

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

Wearable Devices Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.04

Wearable Devices Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.01	0.02	0.04	0.03	-

Wearable Devices LT-Debt-to-Total-Asset Calculation

Wearable Devices's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	0.021	/	5.976
	=	0.00

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.021	/	5.976
	=	0.00

Wearable Devices (NAS:WLDS) 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.

Wearable Devices LT-Debt-to-Total-Asset Related Terms

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Wearable Devices Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wearable Devices Ltd (NAS:WLDS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

5 Ha-Tnufa Street, Yokne’am Illit, Illit, ISR, 2066736

Website

https://www.wearabledevices.co.il

Wearable Devices Ltd develops a non-invasive Neural input interface for controlling digital devices using subtle finger movements. These digital devices include consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, PCs, laptop computers, drones, robots, etc. The company has completed the transition phase from research and development to commercialization of technology into B2B and B2C products. Its products include Mudra Inspire, a band for the Apple Watch that allows touchless operation and control of Apple ecosystem devices such as iPhone, Mac computer, Apple TV, and iPad, inter alia.