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GiG Software (OSTO:GIG SDB) Liabilities-to-Assets : 0.26 (As of Sep. 2024)


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What is GiG Software 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. GiG Software's Total Liabilities for the quarter that ended in Sep. 2024 was kr244.09 Mil. GiG Software's Total Assets for the quarter that ended in Sep. 2024 was kr922.99 Mil. Therefore, GiG Software's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.26.


GiG Software Liabilities-to-Assets Historical Data

The historical data trend for GiG Software'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.

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GiG Software Liabilities-to-Assets Chart

GiG Software Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
0.54 0.85 0.96 0.86

GiG Software Quarterly Data
Dec18 Dec19 Dec20 Dec21 Sep23 Sep24
Liabilities-to-Assets Get a 7-Day Free Trial 0.85 0.96 0.86 - 0.26

Competitive Comparison of GiG Software's Liabilities-to-Assets

For the Electronic Gaming & Multimedia subindustry, GiG Software'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.


GiG Software's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GiG Software's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where GiG Software's Liabilities-to-Assets falls into.



GiG Software 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.

GiG Software's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=777.947/900.425
=0.86

GiG Software's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=244.088/922.994
=0.26

* 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.


GiG Software  (OSTO:GIG SDB) 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.


GiG Software Liabilities-to-Assets Related Terms

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GiG Software Business Description

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Traded in Other Exchanges
N/A
Address
Triq id-Dragunara, St Julian’s, MLT, STJ 3148
GiG Software PLC is a B2B provider of software within the iGaming industry, offering its proprietary technical platform solutions and services tailored to casino operators through a SaaS model. The Company enables operators to design, implement, and operate online casinos through its comprehensive turn-key platform and surrounding product suite. Its products and services are iGaming Platform, Sportsbook Sweepstakes Social Casino, AI Solutions, and Turnkey iGaming services.

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