Global Data Centre Group (ASX:GDC) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Global Data Centre Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Global Data Centre Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Global Data Centre Group's long-term debt to total assets ratio declined from Dec. 2022 (0.32) to Dec. 2023 (0.00). It may suggest that Global Data Centre Group is progressively becoming less dependent on debt to grow their business.

Global Data Centre Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Global Data Centre Group's LT-Debt-to-Total-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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Global Data Centre Group LT-Debt-to-Total-Asset Chart

Global Data Centre Group Annual Data

Trend

Sep19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

0.13

0.19

0.18

Global Data Centre Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.14	0.19	0.32	0.18	-

Global Data Centre Group LT-Debt-to-Total-Asset Calculation

Global Data Centre Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	60.572	/	331.342
	=	0.18

Global Data Centre Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0	/	210.737
	=	0.00

Global Data Centre Group (ASX:GDC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Global Data Centre Group (ASX:GDC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Pitt Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.360capital.com.au

Global Data Centre Group, is a firm that invests in digital infrastructure assets. The objective of the fund is to deliver an internal rate of return of 10.0% plus per annum through disciplined investment in a broad range of digital infrastructure opportunities.