GMO Financial Gate (TSE:4051) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

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What is GMO Financial Gate 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. GMO Financial Gate's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

GMO Financial Gate's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.19). It may suggest that GMO Financial Gate is progressively becoming more dependent on debt to grow their business.

GMO Financial Gate LT-Debt-to-Total-Asset Historical Data

The historical data trend for GMO Financial Gate'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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GMO Financial Gate LT-Debt-to-Total-Asset Chart

GMO Financial Gate Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.16

GMO Financial Gate Quarterly Data
	Sep18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														-	0.06	0.17	0.16	0.19

GMO Financial Gate LT-Debt-to-Total-Asset Calculation

GMO Financial Gate'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 )
	=	1500	/	9262.24
	=	0.16

GMO Financial Gate'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 )
	=	2000	/	10376.841
	=	0.19

GMO Financial Gate (TSE:4051) 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.

GMO Financial Gate LT-Debt-to-Total-Asset Related Terms

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GMO Financial Gate (TSE:4051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GMO Financial Gate Inc (TSE:4051) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Humax Shibuya Building (reception 7th floor), 1-14-6 Dogenzaka, Shibuya-ku, Tokyo, JPN, 14150-0043

Website

https://www.gmo-fg.com

GMO Financial Gate Inc is engaged in providing cashless payment infrastructure such as credit cards, debit cards, and electronic money.

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