Graphene Manufacturing Group (TSXV:GMG) Debt-to-Asset : 0.13 (As of Mar. 2024)

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What is Graphene Manufacturing Group Debt-to-Asset?

Graphene Manufacturing Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.56 Mil. Graphene Manufacturing Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.79 Mil. Graphene Manufacturing Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$10.34 Mil. Graphene Manufacturing Group's debt to asset for the quarter that ended in Mar. 2024 was 0.13.

Graphene Manufacturing Group Debt-to-Asset Historical Data

The historical data trend for Graphene Manufacturing Group'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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Graphene Manufacturing Group Debt-to-Asset Chart

Graphene Manufacturing Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

0.06

0.08

Graphene Manufacturing Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial												0.09	0.08	0.09	0.10	0.13

Competitive Comparison of Graphene Manufacturing Group's Debt-to-Asset

For the Specialty Chemicals subindustry, Graphene Manufacturing Group'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.

Graphene Manufacturing Group's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Graphene Manufacturing Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Graphene Manufacturing Group's Debt-to-Asset falls into.

Graphene Manufacturing Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Graphene Manufacturing Group'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
	=	(0.243	+	0.921)	/	14.229
	=	0.08

Graphene Manufacturing Group'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
	=	(0.559	+	0.786)	/	10.339
	=	0.13

Graphene Manufacturing Group (TSXV:GMG) 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.

Graphene Manufacturing Group Debt-to-Asset Related Terms

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Graphene Manufacturing Group (TSXV:GMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphene Manufacturing Group Ltd (TSXV:GMG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GMGMF:USA 0GF:Germany

Address

5/848 Boundary Road, Unit 5, Richlands, QLD, AUS, 4077

Website

https://www.graphenemg.com

Graphene Manufacturing Group Ltd is involved in the production of high-quality graphene used predominantly in paints, coolants, and lubricants targeting to improve energy efficiency and reduce costs, and additionally in next-generation battery technology. It is a clean-technology-focused company that aims to offer energy-saving products and solutions and energy storage products, enabled by Graphene manufactured in-house via a proprietary production process.

Executives

Craig Nicol	Director, Senior Officer
Andrew James Small	Director

Graphene Manufacturing Group (TSXV:GMG) Headlines

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