GZIC (GZ6G Technologies) LT-Debt-to-Total-Asset: 0.46 (As of Mar. 2023)

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What is GZ6G Technologies LT-Debt-to-Total-Asset?

GZ6G Technologies GZIC LT-Debt-to-Total-Asset is 0.46 as of Mar. 2023.

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. GZ6G Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.46.

GZ6G Technologies's long-term debt to total assets ratio declined from Mar. 2022 (0.59) to Mar. 2023 (0.46). It may suggest that GZ6G Technologies is progressively becoming less dependent on debt to grow their business.

GZ6G Technologies  (OTCPK:GZIC) 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.

GZ6G Technologies LT-Debt-to-Total-Asset Related Terms

GZ6G Technologies LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for GZ6G Technologies'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.

GZ6G Technologies LT-Debt-to-Total-Asset Chart

GZ6G Technologies Annual Data
Trend Nov04 Nov05 Nov06 Nov07 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.25 0.04 0.38

GZ6G Technologies Quarterly Data
May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.53 0.55 0.38 0.46

GZ6G Technologies LT-Debt-to-Total-Asset Calculation

GZ6G Technologies'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 )
=0.526/1.373
=0.38

GZ6G Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )/Total Assets (Q: Mar. 2023 )
=0.502/1.099
=0.46

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.46 mean?
GZ6G Technologies (GZIC) has a LT-Debt-to-Total-Asset of 0.46 as of Mar. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on GZ6G Technologies and its competitors.
Is GZ6G Technologies' LT-Debt-to-Total-Asset too high?
GZ6G Technologies' current LT-Debt-to-Total-Asset is 0.46.
How does GZ6G Technologies' LT-Debt-to-Total-Asset compare to SLDC and TMUS?
GZ6G Technologies' LT-Debt-to-Total-Asset of 0.46 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on GZ6G Technologies and its competitors. GZ6G Technologies's current LT-Debt-to-Total-Asset is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GZ6G Technologies stock overvalued right now?
GZ6G Technologies (GZIC) has a current LT-Debt-to-Total-Asset of 0.46. The current LT-Debt-to-Total-Asset is 0.46. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For GZ6G Technologies (GZIC), the current LT-Debt-to-Total-Asset is 0.46 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GZ6G Technologies Business Description

Address 732 S, Suite No. R, 6th Floor, Building B, Las Vegas, NV, USA, 89101
GZ6G Technologies Corp is a shell company.