Meta Platforms (XTER:FB2A) LT-Debt-to-Total-Asset : 0.18 (As of Sep. 2024)

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What is Meta Platforms 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. Meta Platforms's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.18.

Meta Platforms's long-term debt to total assets ratio increased from Sep. 2023 (0.16) to Sep. 2024 (0.18). It may suggest that Meta Platforms is progressively becoming more dependent on debt to grow their business.

Meta Platforms LT-Debt-to-Total-Asset Historical Data

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

Meta Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.06

0.08

0.14

0.16

Meta Platforms Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	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															0.16	0.16	0.16	0.16	0.18

Meta Platforms LT-Debt-to-Total-Asset Calculation

Meta Platforms'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 )
	=	32655.287	/	210564.291
	=	0.16

Meta Platforms'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 )
	=	42374.931	/	231023.608
	=	0.18

Meta Platforms (XTER:FB2A) 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.

Meta Platforms LT-Debt-to-Total-Asset Related Terms

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Meta Platforms Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (XTER:FB2A) » Definitions » LT-Debt-to-Total-Asset

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META:USA META:Poland META:Peru META:Mexico META_KZ:Kazakhstan 1FB:Italy FB2Ad:UK METACL:Chile META:Canada M1TA34:Brazil FB2A:Bulgaria META:Austria

Address

1 Meta Way, Menlo Park, CA, USA, 94025

Website

https://about.meta.com

Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.

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