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General Assembly Holdings (General Assembly Holdings) LT-Debt-to-Total-Asset : 0.74 (As of Sep. 2023)


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What is General Assembly Holdings 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. General Assembly Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.74.

General Assembly Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.69) to Sep. 2023 (0.74). It may suggest that General Assembly Holdings is progressively becoming more dependent on debt to grow their business.


General Assembly Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for General Assembly Holdings'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.

* Premium members only.

General Assembly Holdings LT-Debt-to-Total-Asset Chart

General Assembly Holdings Annual Data
Trend Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.42 0.46 0.85

General Assembly Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.85 0.91 1.41 0.74

General Assembly Holdings LT-Debt-to-Total-Asset Calculation

General Assembly Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=2.963/3.506
=0.85

General Assembly Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=1.216/1.635
=

* 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.


General Assembly Holdings  (OTCPK:GASMF) 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.


General Assembly Holdings LT-Debt-to-Total-Asset Related Terms

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General Assembly Holdings (General Assembly Holdings) Business Description

Traded in Other Exchanges
N/A
Address
331 Adelaide Street West, Toronto, ON, CAN, M5V 1R5
General Assembly Holdings Ltd operates a pizza restaurant where it also manufactures and distributes frozen pizza directly to consumers through the subscription offer as well as the sale of CPG directly to specialty grocery stores.

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