Geiger Counter (LSE:GCS) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2023)

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What is Geiger Counter 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. Geiger Counter's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.11.

Geiger Counter's long-term debt to total assets ratio declined from Sep. 2022 (0.13) to Sep. 2023 (0.11). It may suggest that Geiger Counter is progressively becoming less dependent on debt to grow their business.

Geiger Counter LT-Debt-to-Total-Asset Historical Data

The historical data trend for Geiger Counter'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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Geiger Counter LT-Debt-to-Total-Asset Chart

Geiger Counter Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.18

0.10

0.13

0.11

Geiger Counter Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.10	0.07	0.13	0.17	0.11

Geiger Counter LT-Debt-to-Total-Asset Calculation

Geiger Counter's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	10.78	/	98.052
	=	0.11

Geiger Counter's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	10.78	/	98.052
	=	0.11

Geiger Counter (LSE:GCS) 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.

Geiger Counter LT-Debt-to-Total-Asset Related Terms

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Geiger Counter (LSE:GCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Geiger Counter Ltd (LSE:GCS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

GCL:UK

Address

31 Pier Road, Ordnance House, Saint Helier, JEY, JE4 8PW

Website

https://www.ncim.co.uk

Geiger Counter Ltd is a closed-end investment company. Its objective is to deliver attractive returns to shareholders principally in the form of capital growth.

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