Gloe (TSE:9565) LT-Debt-to-Total-Asset : 0.11 (As of Oct. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Gloe 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. Gloe's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.11.

Gloe's long-term debt to total assets ratio declined from Jul. 2023 (0.17) to Oct. 2024 (0.11). It may suggest that Gloe is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Gloe'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.

Gloe LT-Debt-to-Total-Asset Chart

Gloe Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

0.30

0.11

0.22

0.15

0.11

Gloe Quarterly Data
	Oct20	Oct21	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.17	0.15	0.14	0.13	0.11

Gloe LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	114.513	/	1030.279
	=	0.11

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

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	114.513	/	1030.279
	=

Gloe (TSE:9565) 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.

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

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

Gloe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gloe Inc (TSE:9565) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-1 Daikyo-cho, 6th Floor Grand First Shinjuku Gyoen, Shinjuku-ku, Tokyo, JPN, 160-0015

Website

https://www.gloe.jp

Gloe Inc is engaged in game and e-sports-related planning and production, tournament management, production, consulting, promotion, facility management, etc.

Gloe Headlines

No Headlines