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Gold Hydrogen (ASX:GHY) Debt-to-Asset : 0.01 (As of Jun. 2023)


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What is Gold Hydrogen Debt-to-Asset?

Gold Hydrogen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.05 Mil. Gold Hydrogen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.06 Mil. Gold Hydrogen's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was A$23.64 Mil. Gold Hydrogen's debt to asset for the quarter that ended in Jun. 2023 was 0.00.

Gold Hydrogen Debt-to-Asset Historical Data

The historical data trend for Gold Hydrogen's Debt-to-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.

Gold Hydrogen Debt-to-Asset Chart

Gold Hydrogen Annual Data
Trend Jun22 Jun23
Debt-to-Asset
- 0.01

Gold Hydrogen Semi-Annual Data
Jun22 Jun23
Debt-to-Asset - 0.01

Competitive Comparison of Gold Hydrogen's Debt-to-Asset

For the Oil & Gas E&P subindustry, Gold Hydrogen's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gold Hydrogen's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gold Hydrogen's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Gold Hydrogen's Debt-to-Asset falls into.


Gold Hydrogen Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gold Hydrogen's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.051 + 0.057) / 23.639
=0.00

Gold Hydrogen's Debt-to-Asset for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.051 + 0.057) / 23.639
=0.00

* 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.

Gold Hydrogen  (ASX:GHY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Gold Hydrogen Debt-to-Asset Related Terms

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Gold Hydrogen (ASX:GHY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gold Hydrogen Ltd (ASX:GHY) » Definitions » Debt-to-Asset
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Traded in Other Exchanges
GHYLF:USA
Address
110 Eagle Street, Suite 3, Level 14, Brisbane, QLD, AUS, 4000
Website
https://www.goldhydrogen.com.au
Gold Hydrogen Ltd engages in the exploration of a natural hydrogen prospective resource in Australia. It holds 100% interest in the Ramsay Project, a Gold Hydrogen exploration project in South Australia.