Gelex Electricity JSC (STC:GEE) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Gelex Electricity JSC 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. Gelex Electricity JSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Gelex Electricity JSC's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.04). It may suggest that Gelex Electricity JSC is progressively becoming less dependent on debt to grow their business.

Gelex Electricity JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gelex Electricity JSC'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.

Gelex Electricity JSC LT-Debt-to-Total-Asset Chart

Gelex Electricity JSC Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.26

0.30

0.09

0.04

Gelex Electricity JSC Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.09	0.09	0.05	0.04	0.04

Gelex Electricity JSC LT-Debt-to-Total-Asset Calculation

Gelex Electricity JSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	453424.828	/	12903267.306
	=	0.04

Gelex Electricity JSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	453424.828	/	12903267.306
	=	0.04

Gelex Electricity JSC (STC:GEE) 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.

Gelex Electricity JSC LT-Debt-to-Total-Asset Related Terms

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

Gelex Electricity JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gelex Electricity JSC (STC:GEE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

52 Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM

Website

https://www.gelex-electric.com

Gelex Electricity JSC is a company engaged in Manufacturing and trading of electrical equipment. It directly owns 5 production and business subsidiaries in the field of electrical equipment including: Vietnam Electric Cable Joint Stock Company, Electrical Equipment Joint Stock Company, Hanoi Electromechanical Manufacturing Joint Stock Company and EMIC Electrical Measurement Equipment Joint Stock Company, Copper Wire Company Vietnam CFT.

Gelex Electricity JSC Headlines

No Headlines