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Gorilla Technology Group (Gorilla Technology Group) Liabilities-to-Assets : 0.53 (As of Dec. 2023)


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What is Gorilla Technology Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Gorilla Technology Group's Total Liabilities for the quarter that ended in Dec. 2023 was $61.29 Mil. Gorilla Technology Group's Total Assets for the quarter that ended in Dec. 2023 was $115.44 Mil. Therefore, Gorilla Technology Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.53.


Gorilla Technology Group Liabilities-to-Assets Historical Data

The historical data trend for Gorilla Technology Group's Liabilities-to-Assets 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.

Gorilla Technology Group Liabilities-to-Assets Chart

Gorilla Technology Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.39 0.42 0.52 0.56 0.53

Gorilla Technology Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.52 0.57 0.56 0.55 0.53

Competitive Comparison of Gorilla Technology Group's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Gorilla Technology Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Gorilla Technology Group's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Gorilla Technology Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Gorilla Technology Group's Liabilities-to-Assets falls into.



Gorilla Technology Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Gorilla Technology Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=61.286/115.438
=0.53

Gorilla Technology Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=61.286/115.438
=0.53

* 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.


Gorilla Technology Group  (NAS:GRRR) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Gorilla Technology Group Liabilities-to-Assets Related Terms

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Gorilla Technology Group (Gorilla Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
Meridien House, 42 Upper Berkeley Street, Marble Arch, London, GBR, W1H 5QJ
Gorilla Technology Group Inc is primarily engaged in providing information, software, and data processing services. It is a provider of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions and services. Its reportable segments are video IoT and security convergence and Other segments.