GMTH (GMTech) LT-Debt-to-Total-Asset : 0.06 (As of Jan. 2025)

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What is GMTech 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. GMTech's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.06.

GMTech's long-term debt to total assets ratio increased from Oct. 2023 (0.00) to Jan. 2025 (0.06). It may suggest that GMTech is progressively becoming more dependent on debt to grow their business.

GMTech LT-Debt-to-Total-Asset Historical Data

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

GMTech Annual Data

Trend

Oct23

Oct24

LT-Debt-to-Total-Asset

GMTech Quarterly Data
	Jan23	Jul23	Oct23	Jan24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	0.06

GMTech LT-Debt-to-Total-Asset Calculation

GMTech's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	0	/	0.117
	=	0.00

GMTech's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	0.058	/	1.003
	=

GMTech (OTCPK:GMTH) 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.

GMTech LT-Debt-to-Total-Asset Related Terms

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GMTech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GMTech Inc (OTCPK:GMTH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

45 Rockefeller Plaza, 21st Floor, New York, NY, USA, 10111

Website

https://www.gmtech.fr

GMTech Inc is a holding company. Through its subsidiary, the company offers IT consulting services and development solutions for CRM systems, corporate websites, and mobile phone Apps. In addition to the IT consulting services, It is also planning to develop an automated and AI-powered development tool (AI-Development Tool) that can be used by small and medium businesses to design, develop, and maintain their CRM system, websites, and Apps more efficiently and automatically with fewer needs of external engineers and consultants.

GMTech Headlines

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