My Size (XTAE:MYSZ) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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What is My Size 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. My Size's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

My Size's long-term debt to total assets ratio declined from Mar. 2023 (0.08) to Mar. 2024 (0.03). It may suggest that My Size is progressively becoming less dependent on debt to grow their business.

My Size LT-Debt-to-Total-Asset Historical Data

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

My Size Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.16

0.04

0.07

0.04

My Size Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.07	0.04	0.04	0.03

My Size LT-Debt-to-Total-Asset Calculation

My Size'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 )
	=	1.42	/	33.771
	=	0.04

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0.819	/	25.053
	=	0.03

My Size (XTAE:MYSZ) 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.

My Size LT-Debt-to-Total-Asset Related Terms

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My Size (XTAE:MYSZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » My Size Inc (XTAE:MYSZ) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MYSZ:USA

Address

4 HAYARDEN Street, POB 1026, Airport City, ISR, 7010000

Website

https://www.mysizeid.com

My Size Inc is a us-based technology company that focuses on the development of an application that assists the consumer to accurately take the measurements of his or her own body to fit clothing in the best way possible without the need to try them on using a smartphone. The purpose of the company's business is to simplify the process of clothing acquisition through the Internet and to significantly reduce the rate of returns of clothing which were acquired through the internet and which are returned to the stores because of ill-fitting. The company generates its revenue through selling products to customers, and licensing cloud-enabled software subscriptions, associated software maintenance and support.