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Ibotta (Ibotta) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)


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What is Ibotta 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. Ibotta's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Ibotta's long-term debt to total assets ratio increased from . 20 (0.00) to Mar. 2024 (0.20). It may suggest that Ibotta is progressively becoming more dependent on debt to grow their business.

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

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

Ibotta Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
0.31 0.20

Ibotta Quarterly Data
Dec22 Mar23 Dec23 Mar24
LT-Debt-to-Total-Asset 0.31 - 0.20 0.20

Ibotta LT-Debt-to-Total-Asset Calculation

Ibotta'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 )
=64.448/319.79
=0.20

Ibotta'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 )
=65.27/322.067
=0.20

* 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.

Ibotta  (NYSE:IBTA) 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.

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

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Ibotta (Ibotta) Business Description

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Address
1801 California Street, Suite 400, Denver, CO, USA, 80202
Website
https://www.home.ibotta.com
Ibotta Inc is a performance marketing platform. It allows CPG brands to deliver digital promotions to consumers through a single, convenient network called the Ibotta Performance Network (IPN).