DVLP (Golden Developing Solutions) Debt-to-Asset : 0.05 (As of Jun. 2023)

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What is Golden Developing Solutions Debt-to-Asset?

Golden Developing Solutions DVLP -90.00% Debt-to-Asset is 0.05 as of Jun. 2023.

Golden Developing Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.27 Mil. Golden Developing Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.11 Mil. Golden Developing Solutions's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was $7.92 Mil. Golden Developing Solutions's debt to asset for the quarter that ended in Jun. 2023 was 0.05.

Golden Developing Solutions  (OTCPK:DVLP) 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.

Golden Developing Solutions Debt-to-Asset Related Terms

Golden Developing Solutions Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Golden Developing Solutions'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.

Golden Developing Solutions Debt-to-Asset Chart

Golden Developing Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
0.22 0.00 52.46 0.75

Golden Developing Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 561.00 0.00 0.75 0.83 0.05

DVLP vs CSTF, BLMS, BBBT: Debt-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Golden Developing Solutions'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.

Golden Developing Solutions Debt-to-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Golden Developing Solutions's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Golden Developing Solutions's Debt-to-Asset falls into.


Golden Developing Solutions Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Golden Developing Solutions's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.506 + 0) / 8.713
=0.75

Golden Developing Solutions's Debt-to-Asset for the quarter that ended in Jun. 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
=(0.27 + 0.113) / 7.921
=0.05

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.05 mean?
Golden Developing Solutions (DVLP) has a Debt-to-Asset of 0.05 as of Jun. 2023. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Golden Developing Solutions and its competitors.
Is Golden Developing Solutions' Debt-to-Asset too high?
Golden Developing Solutions' current Debt-to-Asset is 0.05.
How does Golden Developing Solutions' Debt-to-Asset compare to CSTF and BLMS?
Golden Developing Solutions' Debt-to-Asset of 0.05 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Drug Manufacturers company?
A good Debt-to-Asset depends on the Drug Manufacturers industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Golden Developing Solutions and its competitors. Golden Developing Solutions's current Debt-to-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Developing Solutions stock overvalued right now?
Golden Developing Solutions (DVLP) has a current Debt-to-Asset of 0.05. The current Debt-to-Asset is 0.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Golden Developing Solutions (DVLP), the current Debt-to-Asset is 0.05 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Developing Solutions Business Description

Address PO Box 460573, Fort Lauderdale, FL, USA, 33346
Golden Developing Solutions Inc is a development-stage company providing business services and/or products supporting Health, Wellness, and Technology. The company is also focused on acquisitions of synergistic companies.