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GDEP Advance (TSE:5885) Liabilities-to-Assets : 0.37 (As of Feb. 2024)


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What is GDEP Advance Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. GDEP Advance's Total Liabilities for the quarter that ended in Feb. 2024 was 円1,317 Mil. GDEP Advance's Total Assets for the quarter that ended in Feb. 2024 was 円3,581 Mil. Therefore, GDEP Advance's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.37.


GDEP Advance Liabilities-to-Assets Historical Data

The historical data trend for GDEP Advance's Liabilities-to-Assets 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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GDEP Advance Liabilities-to-Assets Chart

GDEP Advance Annual Data
Trend May21 May22 May23
Liabilities-to-Assets
0.45 0.44 0.44

GDEP Advance Quarterly Data
May21 May22 Feb23 May23 Aug23 Nov23 Feb24
Liabilities-to-Assets Get a 7-Day Free Trial 0.46 0.44 0.34 0.40 0.37

Competitive Comparison of GDEP Advance's Liabilities-to-Assets

For the Computer Hardware subindustry, GDEP Advance's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


GDEP Advance's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GDEP Advance's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where GDEP Advance's Liabilities-to-Assets falls into.



GDEP Advance Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

GDEP Advance's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2023 is calculated as:

Liabilities-to-Assets (A: May. 2023 )=Total Liabilities/Total Assets
=1207.981/2730.691
=0.44

GDEP Advance's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=1317.107/3581.448
=0.37

* 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.


GDEP Advance  (TSE:5885) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


GDEP Advance Liabilities-to-Assets Related Terms

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GDEP Advance (TSE:5885) Business Description

Traded in Other Exchanges
N/A
Address
3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803
GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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