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GMM (Global Mofy AI) Debt-to-Asset : 0.06 (As of Mar. 2024)


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What is Global Mofy AI Debt-to-Asset?

Global Mofy AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.27 Mil. Global Mofy AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.45 Mil. Global Mofy AI's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $49.73 Mil. Global Mofy AI's debt to asset for the quarter that ended in Mar. 2024 was 0.05.

Global Mofy AI Debt-to-Asset Historical Data

The historical data trend for Global Mofy AI'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.

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Global Mofy AI Debt-to-Asset Chart

Global Mofy AI Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Debt-to-Asset
0.30 0.30 0.22 0.12

Global Mofy AI Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-Asset Get a 7-Day Free Trial 0.14 0.22 0.15 0.12 0.06

Competitive Comparison of Global Mofy AI's Debt-to-Asset

For the Information Technology Services subindustry, Global Mofy AI'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.

Global Mofy AI's Debt-to-Asset Distribution in the Software Industry

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

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


Global Mofy AI Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Global Mofy AI's Debt-to-Asset for the fiscal year 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
=(2.758 + 0.557) / 27.119
=0.12

Global Mofy AI'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
=(2.274 + 0.45) / 49.727
=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.

Global Mofy AI  (NAS:GMM) 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.

Global Mofy AI Debt-to-Asset Related Terms

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Global Mofy AI Business Description

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Address
No. A12, Xidian Memory Cultural and Creative Town, No. 102, 1st Floor, Gaobeidian Township, Chaoyang District, Beijing, CHN, 100000
Website
Global Mofy Metaverse Ltd operates as a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry. It utilizes its proprietary Mofy Lab technology platform which consists of three-dimensional (3D) rebuilt technology and artificial intelligence (AI) interactive technology to create a 3D high-definition virtual version of a wide range of physical world objects such as human, animal, and scenes which can be used in different applications.