Generation Development Group (ASX:GDG) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Generation Development Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Generation Development Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Generation Development Group's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.00). It may suggest that Generation Development Group is progressively becoming more dependent on debt to grow their business.

Generation Development Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Generation Development Group's LT-Debt-to-Total-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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Generation Development Group LT-Debt-to-Total-Asset Chart

Generation Development Group Annual Data

Trend

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Jun24

LT-Debt-to-Total-Asset

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Generation Development Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Generation Development Group LT-Debt-to-Total-Asset Calculation

Generation Development Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	2.672	/	3654.589
	=	0.00

Generation Development Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	18.831	/	4465.821
	=	0.00

Generation Development Group (ASX:GDG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Generation Development Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Generation Development Group Ltd (ASX:GDG) » Definitions » LT-Debt-to-Total-Asset

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Address

447 Collins Street, Level 17, Melbourne, VIC, AUS, 3000

Website

https://www.gendevelopmentgroup.com.au

Generation Development Group Ltd operates as a registered Pooled Development Fund (PDF) specializing in providing development capital to financial sector businesses. It is engaged in the marketing, and management of life insurance and life investment products and services in Australia and the provision of administration services in the financial services industry. The operating segments of the company are; Benefit Funds Management and Fund Administration, and Other Businesses. It also has a non-operating segment namely, Benefits funds which derives its key revenue and represents its investment transactions in the Benefits Fund.

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