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Gryphon Digital Mining (Gryphon Digital Mining) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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What is Gryphon Digital Mining 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. Gryphon Digital Mining's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Gryphon Digital Mining's long-term debt to total assets ratio declined from Dec. 2021 (0.33) to Dec. 2023 (0.00). It may suggest that Gryphon Digital Mining is progressively becoming less dependent on debt to grow their business.

Gryphon Digital Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gryphon Digital Mining'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.

* Premium members only.

Gryphon Digital Mining LT-Debt-to-Total-Asset Chart

Gryphon Digital Mining Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.33 0.07 -

Gryphon Digital Mining Semi-Annual Data
Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset 0.33 0.07 -

Gryphon Digital Mining LT-Debt-to-Total-Asset Calculation

Gryphon Digital Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0/1.358
=0.00

Gryphon Digital Mining'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 )
=0/1.358
=0.00

* 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.

Gryphon Digital Mining  (NAS:GRYP) 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.

Gryphon Digital Mining LT-Debt-to-Total-Asset Related Terms

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Gryphon Digital Mining (Gryphon Digital Mining) Business Description

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Address
5953 Mabel Road, Unit 138, Las Vegas, NV, USA, 89110
Website
https://gryphondigitalmining.com
Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's leading net carbon-neutral Bitcoin miner. The Company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards (primarily Bitcoin).

Gryphon Digital Mining (Gryphon Digital Mining) Headlines

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