Domo (FRA:1ON) LT-Debt-to-Total-Asset : 0.61 (As of Apr. 2024)

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What is Domo 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. Domo's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.61.

Domo's long-term debt to total assets ratio increased from Apr. 2023 (0.57) to Apr. 2024 (0.61). It may suggest that Domo is progressively becoming more dependent on debt to grow their business.

Domo LT-Debt-to-Total-Asset Historical Data

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

Domo Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.47

0.49

0.51

0.55

Domo Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.57	0.58	0.60	0.55	0.61

Domo LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	114.446	/	207.156
	=	0.55

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

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	115.98	/	190.505
	=	0.61

Domo (FRA:1ON) 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.

Domo LT-Debt-to-Total-Asset Related Terms

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Domo (FRA:1ON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Domo Inc (FRA:1ON) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DOMO:USA 1ON:Germany

Address

772 East Utah Valley Drive, American Fork, UT, USA, 84003

Website

https://www.domo.com

Domo Inc provides a cloud-based platform that digitally connects all the data, systems and people in an organization, giving them access to real-time data and insights and allowing them to manage their business from their smartphones. The company offers a platform to its customers as a subscription-based service. Users receive notifications on any device and immediately act on the invitation, after which the system can write back to the original system of record. The company derives revenue from subscriptions to its cloud-based platform and professional services.

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