GCM Resources (LSE:GCM) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is GCM Resources 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. GCM Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

GCM Resources's long-term debt to total assets ratio increased from Dec. 2022 (0.11) to Dec. 2023 (0.12). It may suggest that GCM Resources is progressively becoming more dependent on debt to grow their business.

GCM Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for GCM Resources'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.

GCM Resources LT-Debt-to-Total-Asset Chart

GCM Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.11

0.12

GCM Resources 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															0.10	0.11	0.11	0.12	0.12

GCM Resources LT-Debt-to-Total-Asset Calculation

GCM Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	5.185	/	43.977
	=

GCM Resources'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 )
	=	5.405	/	43.662
	=

GCM Resources (LSE:GCM) 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.

GCM Resources LT-Debt-to-Total-Asset Related Terms

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

GCM Resources (LSE:GCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » GCM Resources PLC (LSE:GCM) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

GCM.GB:UK LFD:Germany

Address

3 Bunhill Row, London, GBR, EC1Y 8YZ

Website

http://www.gcmplc.com

GCM Resources PLC is a resource exploration and development firm. The company along with its subsidiaries involves in the exploration and evaluation of energy-related projects. Its operational activities include the development of the Phulbari Coal and Power Project in Bangladesh which relates to thermal coal and semi-soft coking coal.

GCM Resources (LSE:GCM) Headlines

No Headlines