IGG (IGGGF) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

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

IGG's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.01). It may suggest that IGG is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for IGG'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.

IGG LT-Debt-to-Total-Asset Chart

IGG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.01

0.02

0.01

IGG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.01

IGG LT-Debt-to-Total-Asset Calculation

IGG'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 )
	=	3.58	/	473.436
	=	0.01

IGG'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 )
	=	3.58	/	473.436
	=	0.01

IGG (OTCPK:IGGGF) 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.

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

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

IGG (IGGGF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » IGG Inc (OTCPK:IGGGF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

00799:Hong Kong I91:Germany

Address

80 Pasir Panjang Road, No. 18-84 Mapletree Business City, Singapore, SGP, 117372

Website

https://www.igg.com

IGG Inc develops, markets, and publishes mobile online games. Aside from Singapore, the company operates in the United States, Mainland China, Hong Kong, Canada, Japan, Korea, Thailand, and the Philippines. North America, Europe, and Asia contribute relatively equal shares of the company's total revenue. The company offers free-to-play mobile, browser, and client-based online games. IGG operates through its mobile games segment, which comprises most of the company's overall revenue. Some of its notable games include Castle Clash, Clash of Lords, Deck Heroes, and Texas Hold 'Em Poker Deluxe.

IGG (IGGGF) Headlines

From GuruFocus

Contest: I Got Games - Fast-Grower at Cheap Price

By Aton Aton • 11-30-2018