GCC Global Capital (TSXV:GCCC.H) LT-Debt-to-Total-Asset: 2.28 (As of Mar. 2023)


What is GCC Global Capital LT-Debt-to-Total-Asset?

GCC Global Capital TSXV:GCCC.H LT-Debt-to-Total-Asset is 2.28 as of Mar. 2023.

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. GCC Global Capital's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 2.28.

GCC Global Capital's long-term debt to total assets ratio increased from Mar. 2022 (1.69) to Mar. 2023 (2.28). It may suggest that GCC Global Capital is progressively becoming more dependent on debt to grow their business.

GCC Global Capital  (TSXV:GCCC.H) 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.

GCC Global Capital LT-Debt-to-Total-Asset Related Terms

GCC Global Capital LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for GCC Global Capital'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.

GCC Global Capital LT-Debt-to-Total-Asset Chart

GCC Global Capital Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.23 0.00 1.38 1.99

GCC Global Capital Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 1.99 2.06 2.20 2.28

GCC Global Capital LT-Debt-to-Total-Asset Calculation

GCC Global Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )/Total Assets (A: Jun. 2022 )
=1.732/0.87
=

GCC Global Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )/Total Assets (Q: Mar. 2023 )
=2.024/0.886
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 2.28 mean?
GCC Global Capital (TSXV:GCCC.H) has a LT-Debt-to-Total-Asset of 2.28 as of Mar. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on GCC Global Capital and its competitors.
Is GCC Global Capital's LT-Debt-to-Total-Asset too high?
GCC Global Capital's current LT-Debt-to-Total-Asset is 2.28.
How does GCC Global Capital's LT-Debt-to-Total-Asset compare to HON and MMM?
GCC Global Capital's LT-Debt-to-Total-Asset of 2.28 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Conglomerates company?
A good LT-Debt-to-Total-Asset depends on the Conglomerates industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on GCC Global Capital and its competitors. GCC Global Capital's current LT-Debt-to-Total-Asset is 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GCC Global Capital stock overvalued right now?
GCC Global Capital (TSXV:GCCC.H) has a current LT-Debt-to-Total-Asset of 2.28. The current LT-Debt-to-Total-Asset is 2.28. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For GCC Global Capital (TSXV:GCCC.H), the current LT-Debt-to-Total-Asset is 2.28 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GCC Global Capital Business Description

Address 2225-4871 Shell Road, Richmond, BC, CAN, V6X 3Z6
GCC Global Capital Corp is focused on real estate, natural resources sector and high-tech industries.