Gumi (TSE:3903) LT-Debt-to-Total-Asset : 0.07 (As of Jan. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Gumi 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. Gumi's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.07.

Gumi's long-term debt to total assets ratio declined from Jan. 2023 (0.14) to Jan. 2024 (0.07). It may suggest that Gumi is progressively becoming less dependent on debt to grow their business.

Gumi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gumi'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.

Gumi LT-Debt-to-Total-Asset Chart

Gumi Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.10

0.13

0.10

0.07

Gumi Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.07	0.07	0.07	0.07

Gumi LT-Debt-to-Total-Asset Calculation

Gumi's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	1253.783	/	19332.572
	=	0.06

Gumi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	1685.404	/	25256.369
	=	0.07

Gumi (TSE:3903) 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.

Gumi LT-Debt-to-Total-Asset Related Terms

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

Gumi (TSE:3903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gumi Inc (TSE:3903) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

1G9:Germany

Address

Nishi-Shinjuku 4-34-7, 3rd floor, Sumitomo Fudosan Nishi-Shinjuku Building No. 5, Shinjuku-ku, Tokyo, JPN, 160-0023

Website

http://www.gu3.co.jp

Gumi Inc is an entertainment company, which develops, operates, and distributes online games for smartphones and tablets. It provides native application services, game contents can be downloaded from apple store without browser; browser game services, game can be played on the mobile terminal browser, as well as publishing services, in which the company performs localization of game content developed by third parties and then sell them through its various sales channels. In addition, the firm offers VR (Virtual Reality) services.

Gumi (TSE:3903) Headlines

No Headlines