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Geosolar Technologies (Geosolar Technologies) Debt-to-Asset : 2.00 (As of Mar. 2024)


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What is Geosolar Technologies Debt-to-Asset?

Geosolar Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.99 Mil. Geosolar Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Geosolar Technologies's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $0.99 Mil. Geosolar Technologies's debt to asset for the quarter that ended in Mar. 2024 was 2.00.

Geosolar Technologies Debt-to-Asset Historical Data

The historical data trend for Geosolar Technologies's Debt-to-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.

Geosolar Technologies Debt-to-Asset Chart

Geosolar Technologies Annual Data
Trend Dec22 Dec23
Debt-to-Asset
2.06 2.04

Geosolar Technologies Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial 2.06 - 2.51 2.04 2.00

Competitive Comparison of Geosolar Technologies's Debt-to-Asset

For the Solar subindustry, Geosolar Technologies's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Geosolar Technologies's Debt-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Geosolar Technologies's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Geosolar Technologies's Debt-to-Asset falls into.


Geosolar Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Geosolar Technologies's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.99 + 0) / 0.977
=2.04

Geosolar Technologies's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.986 + 0) / 0.991
=2.00

* 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.

Geosolar Technologies  (OTCPK:GSLR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Geosolar Technologies Debt-to-Asset Related Terms

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Geosolar Technologies (Geosolar Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Geosolar Technologies Inc (OTCPK:GSLR) » Definitions » Debt-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
1400 16th Street, Suite 400, Denver, CO, USA, 80202
Website
https://www.geosolarplus.com
Geosolar Technologies Inc plans to install natural energy systems, referred to as the GeoSolar Plus System in newly built and existing residences as well as green new apartments and commercial buildings. The GSP System is based on combining solar power, geothermal ground-sourced energy and other clean energy technologies into one fully integrated system. The GSP system is designed to significantly reduce energy consumption and associated carbon emissions and improve the atmospheric and indoor air quality in residences.

Geosolar Technologies (Geosolar Technologies) Headlines

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