Datable Technology (Datable Technology) LT-Debt-to-Total-Asset : 4.60 (As of Sep. 2023)

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What is Datable Technology 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. Datable Technology's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 4.60.

Datable Technology's long-term debt to total assets ratio increased from Sep. 2022 (3.54) to Sep. 2023 (4.60). It may suggest that Datable Technology is progressively becoming more dependent on debt to grow their business.

Datable Technology LT-Debt-to-Total-Asset Historical Data

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

Datable Technology Annual Data

Trend

May13

May14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.07

0.01

1.19

3.43

Datable Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															3.54	3.43	3.71	5.75	4.60

Datable Technology LT-Debt-to-Total-Asset Calculation

Datable Technology's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	2.252	/	0.657
	=	3.43

Datable Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	2.312	/	0.503
	=	4.60

Datable Technology (OTCPK:TTMZF) 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.

Datable Technology LT-Debt-to-Total-Asset Related Terms

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Datable Technology (Datable Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Datable Technology Corp (OTCPK:TTMZF) » Definitions » LT-Debt-to-Total-Asset

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DAC:Canada

Address

1062 Homer Street, Suite 301, Vancouver, BC, CAN, V6B 2W9

Website

https://www.datablecorp.com

Datable Technology Corp is a Canada-based technology company. It is operating in the consumer Internet advertising sector. It is a provider of digital and social media consumer engagement, data mining, and loyalty solutions. The company's core product is Platform3, a Software-as-a-Service consumer marketing platform, which enables consumer packaged goods companies and consumer brands to engage consumers and influence purchasing decisions through their mobile devices and online. Its geographical segments are Canada and the United States, of which the majority of its revenue comes from the United States.

Datable Technology (Datable Technology) Headlines

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