GNS (Genius Group) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Genius 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. Genius Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Genius Group's long-term debt to total assets ratio declined from Jun. 2022 (0.04) to Dec. 2023 (0.01). It may suggest that Genius Group is progressively becoming less dependent on debt to grow their business.

Genius Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Genius 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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Genius Group LT-Debt-to-Total-Asset Chart

Genius Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.30

0.18

0.10

0.15

0.01

Genius Group Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.04	0.14	0.15	0.16	0.01

Genius Group LT-Debt-to-Total-Asset Calculation

Genius Group'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 )
	=	0.254	/	43.214
	=	0.01

Genius Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.254	/	43.214
	=

Genius Group (AMEX:GNS) 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.

Genius Group LT-Debt-to-Total-Asset Related Terms

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Genius Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Genius Group Ltd (AMEX:GNS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Amoy Street, No. 01-01, Singapore, SGP, 049950

Website

https://www.geniusgroup.net

Genius Group Ltd is an Edtech and education company that provides entrepreneur education system business development tools and management consultancy services to entrepreneurs and entrepreneur resorts. The company's business consists of two reportable business segments: Education - entrepreneur education, management consultancy, and business development tools; and Campus - resorts, retreats, and co-working cafes for entrepreneurs. It derives the majority of its revenue from the Education segment.