G City (G City) LT-Debt-to-Total-Asset : 0.49 (As of Dec. 2023)

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What is G City 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. G City's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.49.

G City's long-term debt to total assets ratio declined from Dec. 2022 (0.54) to Dec. 2023 (0.49). It may suggest that G City is progressively becoming less dependent on debt to grow their business.

G City LT-Debt-to-Total-Asset Historical Data

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

G City Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.48

0.56

0.54

0.49

G City Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.54	0.53	0.54	0.50	0.49

G City LT-Debt-to-Total-Asset Calculation

G City'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 )
	=	4968.525	/	10156.254
	=	0.49

G City'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 )
	=	4968.525	/	10156.254
	=	0.49

G City (OTCPK:GZTGF) 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.

G City LT-Debt-to-Total-Asset Related Terms

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G City (G City) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » G City Ltd (OTCPK:GZTGF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

GCT:Israel

Address

Nisim Aloni 10, Tel-Aviv, ISR, 62919

Website

https://www.gazitglobe.com

G City Ltd is a developer and operator of various types of properties in major urban markets around the globe. The company is involved in the purchase, improvement, development, and management of income-producing real estate, including retail, office, and residential properties. It operates through five reportable business units based on geographical region: Northern Europe, Central-Eastern Europe, Israel, Brazil, United States, and Other segments. Over half the company's sales are generated in Northern Europe.