GP Investments (BSP:GPIV33) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

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What is GP Investments 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. GP Investments's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

GP Investments's long-term debt to total assets ratio declined from Sep. 2023 (0.41) to Sep. 2024 (0.07). It may suggest that GP Investments is progressively becoming less dependent on debt to grow their business.

GP Investments LT-Debt-to-Total-Asset Historical Data

The historical data trend for GP Investments'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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GP Investments LT-Debt-to-Total-Asset Chart

GP Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.16

0.13

0.20

0.19

GP Investments Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.19	0.11	0.07	0.07

GP Investments LT-Debt-to-Total-Asset Calculation

GP Investments's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	459.632	/	2483.688
	=	0.19

GP Investments's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	188.068	/	2799.237
	=	0.07

GP Investments (BSP:GPIV33) 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.

GP Investments LT-Debt-to-Total-Asset Related Terms

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GP Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GP Investments Ltd (BSP:GPIV33) » Definitions » LT-Debt-to-Total-Asset

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Address

16 Burnaby Street, Hamilton, BMU, HM 11

Website

https://www.gp-investments.com

GP Investments Ltd is an asset management company focused mainly on private equity funds. It also invests in real estate. The firm operates its business in two segments: Private Equity Business and Real Estate Business. It generates maximum revenue from the Private Equity Business segment. The company aims to acquire control of the voting capital or joint control through shareholders' agreements, in selective companies with growth potential that can achieve positions in their respective industries.

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