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GDLG (Glidelogic) Debt-to-Asset : 4.40 (As of Oct. 2024)


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What is Glidelogic Debt-to-Asset?

Glidelogic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $0.02 Mil. Glidelogic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $0.00 Mil. Glidelogic's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Oct. 2024 was $0.01 Mil. Glidelogic's debt to asset for the quarter that ended in Oct. 2024 was 4.40.

Glidelogic Debt-to-Asset Historical Data

The historical data trend for Glidelogic'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.

Glidelogic Debt-to-Asset Chart

Glidelogic Annual Data
Trend Jan21 Jan22 Jan23 Jan24
Debt-to-Asset
- 0.16 0.33 1.00

Glidelogic Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.50 1.00 2.00 7.75 4.40

Competitive Comparison of Glidelogic's Debt-to-Asset

For the Software - Application subindustry, Glidelogic'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.

Glidelogic's Debt-to-Asset Distribution in the Software Industry

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

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


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Glidelogic Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Glidelogic's Debt-to-Asset for the fiscal year that ended in Jan. 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
=(0.005 + 0) / 0.005
=1.00

Glidelogic's Debt-to-Asset for the quarter that ended in Oct. 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
=(0.022 + 0) / 0.005
=4.40

* 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.

Glidelogic  (OTCPK:GDLG) 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.

Glidelogic Debt-to-Asset Related Terms

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Glidelogic Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Glidelogic Corp (OTCPK:GDLG) » Definitions » Debt-to-Asset
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Traded in Other Exchanges
N/A
Address
11264 Playa Court, Culver, CA, USA, 90230
Website
https://www.glidelogic.ai
Glidelogic Corp is a software development company that is developing an online platform and messenger. It offers software development, encryption, blockchain technologies, and related lines of business aimed at the broad public. It focuses on users whose primary significance in a messenger application is the security and privacy of sent data. Alongside with software related services the company provides software development consulting services.