GRAIL (GRAL) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is GRAIL 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. GRAIL's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

GRAIL's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.02). It may suggest that GRAIL is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for GRAIL'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.

GRAIL LT-Debt-to-Total-Asset Chart

GRAIL Annual Data

Trend

Dec18

Dec19

Dec22

Dec23

LT-Debt-to-Total-Asset

0.06

0.02

GRAIL Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	0.02	0.01	0.02	0.02

GRAIL LT-Debt-to-Total-Asset Calculation

GRAIL'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 )
	=	69.598	/	3913.814
	=	0.02

GRAIL'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 )
	=	58.667	/	3117.954
	=	0.02

GRAIL (NAS:GRAL) 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.

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

Thank you for viewing the detailed overview of GRAIL's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

GRAIL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » GRAIL Inc (NAS:GRAL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GRAL:Mexico NL0:Germany

Address

1525 O’Brien Drive, Menlo Park, CA, USA, 94025

Website

https://www.grail.com

GRAIL Inc is a healthcare company focused on developing technologies for early cancer detection. The company has developed a multi-cancer early detection blood test that has the ability to detect all types of cancer, across all stages.