GECC (Great Elm Capital) LT-Debt-to-Total-Asset : 0.56 (As of Dec. 2024)

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What is Great Elm Capital 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. Great Elm Capital's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.56.

Great Elm Capital's long-term debt to total assets ratio declined from Dec. 2023 (0.57) to Dec. 2024 (0.56). It may suggest that Great Elm Capital is progressively becoming less dependent on debt to grow their business.

Great Elm Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Great Elm Capital'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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Great Elm Capital LT-Debt-to-Total-Asset Chart

Great Elm Capital Annual Data

Trend

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.41

0.33

0.49

0.57

0.56

Great Elm Capital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.57	0.52	0.53	0.54	0.56

Great Elm Capital LT-Debt-to-Total-Asset Calculation

Great Elm Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	189.695	/	342.028
	=	0.55

Great Elm Capital'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 )
	=	189.695	/	342.028
	=	0.55

Great Elm Capital (NAS:GECC) 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.

Great Elm Capital LT-Debt-to-Total-Asset Related Terms

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Great Elm Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Great Elm Capital Corp (NAS:GECC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL, USA, 02453

Website

https://www.greatelmcc.com

Great Elm Capital Corp is an externally managed, non-diversified closed-end management investment company. It generate both income and capital appreciation through debt and income-generating equity investments, including investments in finance businesses.

Executives

Matthew A Drapkin	director	10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Great Elm Group, Inc.	10 percent owner	800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Richard M Cohen	director	C/O CARNEGIE INTERNATIONAL CORP, 11350 MCCORMICK ROAD EXECUTIVE PLAZA #3, HUNT VALLEY MD 21031
Mark Kuperschmid	director	MAST CAPITAL MANAGEMENT, LLC, 200 CLARENDON STREET, 51ST FLOOR, BOSTON MA 02116
Matthew D Kaplan	officer: CEO and President	800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Northern Right Capital Management, L.p.	10 percent owner, other: Member of 13D 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Nrc Partners I, Lp	10 percent owner	9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc	10 percent owner	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p.	10 percent owner	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Chad Perry	director	C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Lenders Funding Llc /california	10 percent owner	523 A AVENUE, CORONADO CA 92118
Robert A Zadek	10 percent owner	523 A AVENUE, CORONADO CA 92118
Erik A Falk	director	C/O KKR ASSET MANAGEMENT LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Adam M Kleinman	officer: Chief Compliance Officer	800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Michael C Speller	director	800 SOUTH STREET, SUITE 230, WALTHAM MA 02453