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Globavend Holdings (Globavend Holdings) Debt-to-Asset : 0.03 (As of Sep. 2023)


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What is Globavend Holdings Debt-to-Asset?

Globavend Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.04 Mil. Globavend Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.08 Mil. Globavend Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $4.48 Mil. Globavend Holdings's debt to asset for the quarter that ended in Sep. 2023 was 0.03.

Globavend Holdings Debt-to-Asset Historical Data

The historical data trend for Globavend Holdings'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.

Globavend Holdings Debt-to-Asset Chart

Globavend Holdings Annual Data
Trend Sep21 Sep22 Sep23
Debt-to-Asset
0.03 0.03 0.03

Globavend Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Asset 0.03 - 0.03 0.01 0.03

Competitive Comparison of Globavend Holdings's Debt-to-Asset

For the Integrated Freight & Logistics subindustry, Globavend Holdings'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.

Globavend Holdings's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Globavend Holdings's Debt-to-Asset distribution charts can be found below:

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


Globavend Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Globavend Holdings's Debt-to-Asset for the fiscal year that ended in Sep. 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
=(0.04 + 0.08) / 4.475
=0.03

Globavend Holdings's Debt-to-Asset for the quarter that ended in Sep. 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
=(0.04 + 0.08) / 4.475
=0.03

* 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.

Globavend Holdings  (NAS:GVH) 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.

Globavend Holdings Debt-to-Asset Related Terms

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Globavend Holdings (Globavend Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globavend Holdings Ltd (NAS:GVH) » Definitions » Debt-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
Office 1401, Level 14, 197, St Georges Tce, Perth, WA, AUS, 6000
Website
https://www.globavend.com
Globavend Holdings Ltd is a e-commerce logistics provider it provides integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where they provide customers with a one-stop solution from parcel consolidation to air freight forwarding, customs clearance, on-carriage parcel transportation and delivery. It operates in logistics and freight forwarding industry, which involves the provision of services such as freight transport, freight forwarding, warehouse management, and distribution.

Globavend Holdings (Globavend Holdings) Headlines

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