GSS Energy (SGX:41F) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2023)

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What is GSS Energy 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. GSS Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.10.

GSS Energy's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.10). It may suggest that GSS Energy is progressively becoming more dependent on debt to grow their business.

GSS Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for GSS Energy'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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GSS Energy LT-Debt-to-Total-Asset Chart

GSS Energy Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.06

0.07

0.10

GSS Energy Semi-Annual Data
	Aug13	Feb14	Aug14	Jun15	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															0.06	0.04	0.07	0.10	0.10

GSS Energy LT-Debt-to-Total-Asset Calculation

GSS Energy'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 )
	=	10.092	/	104.116
	=	0.10

GSS Energy'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 )
	=	10.092	/	104.116
	=	0.10

GSS Energy (SGX:41F) 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.

GSS Energy LT-Debt-to-Total-Asset Related Terms

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GSS Energy (SGX:41F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GSS Energy Ltd (SGX:41F) » Definitions » LT-Debt-to-Total-Asset

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Address

Blk 4012 Ang Mo Kio Ave 10, No. 05-01 Techplace 1, Singapore, SGP, 569628

Website

https://www.giken.com.sg

GSS Energy Ltd through its subsidiaries is engaged in providing production technology to multi-national manufacturers in the field of home and car audio entertainment. It also manufactures precision shafts, and drills and distributes oil in Indonesia. The company operates in three reportable segments: Mechanisms division and Microshafts division and Electric vehicle division . Mechanisms division which derives the majority of revenue provides advanced production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. Microshafts division concentrates on the manufacturing of high precision shafts.

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