GRIID Infrastructure (GRIID Infrastructure) Debt-to-Asset : 1.47 (As of Sep. 2023)

View and export this data going back to 2024. Start your Free Trial

What is GRIID Infrastructure Debt-to-Asset?

GRIID Infrastructure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $8.62 Mil. GRIID Infrastructure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $54.38 Mil. GRIID Infrastructure's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $42.80 Mil. GRIID Infrastructure's debt to asset for the quarter that ended in Sep. 2023 was 1.47.

GRIID Infrastructure Debt-to-Asset Historical Data

The historical data trend for GRIID Infrastructure'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.

GRIID Infrastructure Debt-to-Asset Chart

GRIID Infrastructure Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.64

1.07

1.76

GRIID Infrastructure Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial			-	1.07	1.30	1.47	1.76

Competitive Comparison of GRIID Infrastructure's Debt-to-Asset

For the Capital Markets subindustry, GRIID Infrastructure'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.

GRIID Infrastructure's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GRIID Infrastructure's Debt-to-Asset distribution charts can be found below:

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

GRIID Infrastructure Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

GRIID Infrastructure'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
	=	(2.965	+	71.216)	/	42.207
	=	1.76

GRIID Infrastructure's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(8.619	+	54.376)	/	42.8
	=	1.47

GRIID Infrastructure (NAS:GRDI) 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.

GRIID Infrastructure Debt-to-Asset Related Terms

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

GRIID Infrastructure (GRIID Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GRIID Infrastructure Inc (NAS:GRDI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GRDI:Canada

Address

2577 Duck Creek Road, Cincinnati, OH, USA, 45212

Website

Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (GRIID Infrastructure) Headlines

From GuruFocus

Glancy Prongay & Murray LLP Announces Investigation of GRIID Infrastructure Inc. (GRDI)

By Business Wire • 03-05-2024