GigaCloud Technology (GigaCloud Technology) Debt-to-Asset : 0.48 (As of Mar. 2024)

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What is GigaCloud Technology Debt-to-Asset?

GigaCloud Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $69.4 Mil. GigaCloud Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $401.1 Mil. GigaCloud Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $977.6 Mil. GigaCloud Technology's debt to asset for the quarter that ended in Mar. 2024 was 0.48.

GigaCloud Technology Debt-to-Asset Historical Data

The historical data trend for GigaCloud Technology'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.

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GigaCloud Technology Debt-to-Asset Chart

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.03

0.35

0.48

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial										0.32	0.29	0.31	0.48	0.48

Competitive Comparison of GigaCloud Technology's Debt-to-Asset

For the Software - Infrastructure subindustry, GigaCloud Technology'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.

GigaCloud Technology's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, GigaCloud Technology's Debt-to-Asset distribution charts can be found below:

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

GigaCloud Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

GigaCloud Technology's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(59.615	+	343.622)	/	846.909
	=	0.48

GigaCloud Technology's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(69.4	+	401.11)	/	977.608
	=	0.48

GigaCloud Technology (NAS:GCT) 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.

GigaCloud Technology Debt-to-Asset Related Terms

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GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » Debt-to-Asset

Comparable Companies

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Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.