Global Education Communities (TSX:GEC) LT-Debt-to-Total-Asset : 0.25 (As of Nov. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Global Education Communities 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. Global Education Communities's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.25.

Global Education Communities's long-term debt to total assets ratio increased from Nov. 2023 (0.24) to Nov. 2024 (0.25). It may suggest that Global Education Communities is progressively becoming more dependent on debt to grow their business.

Global Education Communities LT-Debt-to-Total-Asset Historical Data

The historical data trend for Global Education Communities'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.

Global Education Communities LT-Debt-to-Total-Asset Chart

Global Education Communities Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.22

0.19

0.16

0.32

0.42

Global Education Communities Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.37	0.33	0.42	0.25

Global Education Communities LT-Debt-to-Total-Asset Calculation

Global Education Communities's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	198.042	/	475.211
	=	0.42

Global Education Communities's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	110.964	/	442.957
	=	0.25

Global Education Communities (TSX:GEC) 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.

Global Education Communities LT-Debt-to-Total-Asset Related Terms

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

Global Education Communities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Global Education Communities Corp (TSX:GEC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GECSF:USA O3V:Germany

Address

777 West Broadway, Suite 1200, Vancouver, BC, CAN, V5Z 4J7

Website

https://www.gechq.com

Global Education Communities Corp is an educational and student-housing real estate company. Its business operations include education, media communications, revenue-producing properties, and real estate development. The company currently has five main business units, namely Sprott Shaw College Corp. (SSCC), Sprott Shaw Language College (SSLC), including Vancouver International College (VIC), CIBT School of Business & Technology (CIBT), IRIX Design Group Inc. (IRIX) and Global Education City Holdings Inc. (GECH). The majority of the company's revenue is generated from its Sprott Shaw College Corp. (SSCC) unit.

Executives

Cibt Education Group Inc	Issuer
Shane Weir	Director
Derek Yiyi Feng	Director

Global Education Communities Headlines

No Headlines