GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » System1 Inc (NYSE:SST) » Definitions » LT-Debt-to-Total-Asset

System1 (System1) LT-Debt-to-Total-Asset : 0.52 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is System1 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. System1's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.52.

System1's long-term debt to total assets ratio increased from Mar. 2023 (0.36) to Mar. 2024 (0.52). It may suggest that System1 is progressively becoming more dependent on debt to grow their business.


System1 LT-Debt-to-Total-Asset Historical Data

The historical data trend for System1'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.

System1 LT-Debt-to-Total-Asset Chart

System1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.74 - - 0.35 0.56

System1 Quarterly Data
Dec18 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.37 0.42 0.56 0.52

System1 LT-Debt-to-Total-Asset Calculation

System1'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 )
=337.814/605.47
=0.56

System1'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 )
=271.535/521.059
=0.52

* 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.


System1  (NYSE:SST) 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.


System1 LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of System1's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


System1 (System1) Business Description

Traded in Other Exchanges
N/A
Address
4235 Redwood Avenue, Marina Del Rey, CA, USA, 90066
System1 Inc develops technology and data science to operate a responsive acquisition marketing platform. It serves customers in the areas of health and wellness, automotive, personal finance, travel, and entertainment. The company's segment includes Owned and Operated Advertising (O&O); Partner Network and Subscription. It generates maximum revenue from the Owned and Operated Advertising (O&O) segment.
Executives
Stanley Blend 10 percent owner C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Cannae Holdings, Inc. 10 percent owner C/O CANNAE HOLDINGS, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Taryn Jogi Naidu director C/O DEMAND MEDIA, INC., 1299 OCEAN AVENUE, FIFTH FLOOR, SANTA MONICA CA 90401
Lone Star Friends Trust 10 percent owner 2301 BROADWAY STREET, SAN ANTONIO TX 78215
Tridivesh Kidambi officer: CFO & Treasurer C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Christopher Stephen Phillips director, 10 percent owner C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Ryan R. Caswell director 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Cannae Holdings, Llc 10 percent owner 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
John Civantos director C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Moujan Kazerani director C/O TAILWIND ACQUISITION, 1545 COURTNEY AVENUE, LOS ANGELES CA 90046
Caroline Horn director C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Paul Filsinger officer: President C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Elizabeth Sestanovich officer: Chief People Officer C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Jennifer Mindy Prince director C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Brian Coppola officer: Chief Product Officer C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010