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Planet Labs PBC (Planet Labs PBC) LT-Debt-to-Total-Asset : 0.02 (As of Jan. 2024)


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What is Planet Labs PBC 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. Planet Labs PBC's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.02.

Planet Labs PBC's long-term debt to total assets ratio increased from Jan. 2023 (0.02) to Jan. 2024 (0.02). It may suggest that Planet Labs PBC is progressively becoming more dependent on debt to grow their business.

Planet Labs PBC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Planet Labs PBC'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.

* Premium members only.

Planet Labs PBC LT-Debt-to-Total-Asset Chart

Planet Labs PBC Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
LT-Debt-to-Total-Asset
0.13 0.39 - 0.02 0.02

Planet Labs PBC Quarterly Data
Jan20 Jul20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.03 0.02 0.02

Planet Labs PBC LT-Debt-to-Total-Asset Calculation

Planet Labs PBC'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 )
=16.952/701.997
=0.02

Planet Labs PBC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )/Total Assets (Q: Jan. 2024 )
=16.952/701.997
=0.02

* 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.

Planet Labs PBC  (NYSE:PL) 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.

Planet Labs PBC LT-Debt-to-Total-Asset Related Terms

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Planet Labs PBC (Planet Labs PBC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Planet Labs PBC (NYSE:PL) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
TGI SPCE NPK KAMN AERG SWBI ATRO DCO LILM EH RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX
Traded in Other Exchanges
N/A
Address
645 Harrison Street, 4th Floor, San Francisco, CA, USA, 94107
Website
https://www.planet.com
Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.
Executives
Ashley F. Johnson officer: See Remarks C/O PLANET LABS PBC, 645 HARRISON STREET, FLOOR 4, SAN FRANCISCO CA 94107
William Spencer Marshall director, officer: See Remarks C/O PLANET LABS PBC, 645 HARRISON STREET, FLOOR 4, SAN FRANCISCO CA 94107
Kevin Weil officer: President, Product & Business C/O PLANET LABS PBC,, 645 HARRISON STREET, FLOOR 4, SAN FRANCISCO CA 94107
Kristen Robinson director 2101 WEBSTER STREET #1650, OAKLAND CA 94612
Masi Niccolo De director, officer: Chief Executive Officer 500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Ita M Brennan director 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Xxvi Holdings Inc. 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Vijaya Gadde director C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Roizen Jo Ann Heidi director
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Alphabet Inc. 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Google Llc 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Robert H Schingler director, officer: See Remarks C/O PLANET LABS PBC, 645 HARRISON STREET, FLOOR 4, SAN FRANCISCO CA 94107
Darla Anderson director C/O GLU MOBILE INC., 875 HOWARD STREET, SUITE 100, SAN FRANCISCO CA 94103
Dmy Sponsor Iv, Llc director, 10 percent owner 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144