M17 Entertainment (M17 Entertainment) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2017)

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What is M17 Entertainment 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. M17 Entertainment's long-term debt to total assests ratio for the quarter that ended in Dec. 2017 was 0.02.

M17 Entertainment's long-term debt to total assets ratio increased from Dec. 2015 (0.00) to Dec. 2017 (0.02). It may suggest that M17 Entertainment is progressively becoming more dependent on debt to grow their business.

M17 Entertainment LT-Debt-to-Total-Asset Historical Data

The historical data trend for M17 Entertainment'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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M17 Entertainment LT-Debt-to-Total-Asset Chart

M17 Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

0.02

M17 Entertainment Semi-Annual Data
	Dec15	Dec16	Dec17
LT-Debt-to-Total-Asset	-	-	0.02

M17 Entertainment LT-Debt-to-Total-Asset Calculation

M17 Entertainment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	2.065	/	127.707
	=	0.02

M17 Entertainment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (Q: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2017 )	/	Total Assets (Q: Dec. 2017 )
	=	2.065	/	127.707
	=	0.02

M17 Entertainment (NYSE:YQ) 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.

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