GSI Co (SSE:5579) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

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What is GSI Co 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. GSI Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

GSI Co's long-term debt to total assets ratio declined from Mar. 2022 (0.09) to Dec. 2023 (0.06). It may suggest that GSI Co is progressively becoming less dependent on debt to grow their business.

GSI Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for GSI Co'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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GSI Co LT-Debt-to-Total-Asset Chart

GSI Co Annual Data

Trend

Mar22

Mar23

LT-Debt-to-Total-Asset

0.09

0.06

GSI Co Quarterly Data
	Mar22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	0.09	0.06	0.04	0.04	0.06

GSI Co LT-Debt-to-Total-Asset Calculation

GSI Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	145.169	/	2471.839
	=	0.06

GSI Co'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 )
	=	165.67	/	2900.335
	=	0.06

GSI Co (SSE:5579) 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.

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GSI Co (SSE:5579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GSI Co Ltd (SSE:5579) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Kita 7-jo Nishi 1-1-2, SE Sapporo Building 13th Floor, Kita-ku, Sapporo, JPN, 060-0807

Website

https://www.glue-si.com

GSI Co Ltd is engaged in providing IT solution services that satisfy its customers. It is a system development business that specializes in providing system development to companies that are struggling with a lack of IT service development capabilities to utilize corporate digital technology.

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