GOAT Industries (XCNQ:GOAT) Debt-to-Asset : 1.31 (As of Mar. 2024)

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What is GOAT Industries Debt-to-Asset?

GOAT Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.40 Mil. GOAT Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. GOAT Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$0.30 Mil. GOAT Industries's debt to asset for the quarter that ended in Mar. 2024 was 1.31.

GOAT Industries Debt-to-Asset Historical Data

The historical data trend for GOAT Industries'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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GOAT Industries Debt-to-Asset Chart

GOAT Industries Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.06

1.15

GOAT Industries Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial									0.04	0.07	0.06	1.15	1.31

Competitive Comparison of GOAT Industries's Debt-to-Asset

For the Asset Management subindustry, GOAT Industries'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.

GOAT Industries's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GOAT Industries's Debt-to-Asset distribution charts can be found below:

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

GOAT Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

GOAT Industries'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
	=	(0.341	+	0)	/	0.297
	=	1.15

GOAT Industries'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
	=	(0.396	+	0)	/	0.303
	=	1.31

GOAT Industries (XCNQ:GOAT) 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.

GOAT Industries Debt-to-Asset Related Terms

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GOAT Industries (XCNQ:GOAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GOAT Industries Ltd (XCNQ:GOAT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

BGTTF:USA 26B:Germany

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.goatindustries.co

GOAT Industries Ltd is a venture capital platform focused on identifying, sponsoring and incubating companies driven by environmental, social and governance values, while operating in the blue economy. It invests in private businesses in the plant-based protein, functional foods, food technology, and fermented foods sectors. The company plans to generate returns on its investments through go-public transactions, mergers or acquisitions, and the other liquidity events of its investee companies.