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Global Dividend Growth Split (TSX:GDV) Liabilities-to-Assets : 0.55 (As of Dec. 2023)


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What is Global Dividend Growth Split 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. Global Dividend Growth Split's Total Liabilities for the quarter that ended in Dec. 2023 was C$161.06 Mil. Global Dividend Growth Split's Total Assets for the quarter that ended in Dec. 2023 was C$292.11 Mil. Therefore, Global Dividend Growth Split's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.55.


Global Dividend Growth Split Liabilities-to-Assets Historical Data

The historical data trend for Global Dividend Growth Split'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.

* Premium members only.

Global Dividend Growth Split Liabilities-to-Assets Chart

Global Dividend Growth Split Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.47 0.51 0.45 0.57 0.55

Global Dividend Growth Split Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.57 0.57 0.55 0.55

Competitive Comparison of Global Dividend Growth Split's Liabilities-to-Assets

For the Asset Management subindustry, Global Dividend Growth Split'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.


Global Dividend Growth Split's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Global Dividend Growth Split's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Global Dividend Growth Split's Liabilities-to-Assets falls into.



Global Dividend Growth Split 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.

Global Dividend Growth Split's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=161.059/292.113
=0.55

Global Dividend Growth Split's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=161.059/292.113
=0.55

* 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.


Global Dividend Growth Split  (TSX:GDV) 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.


Global Dividend Growth Split Liabilities-to-Assets Related Terms

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Global Dividend Growth Split (TSX:GDV) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Global Dividend Growth Split Corp is a closed-end investment fund. It invests in a diversified portfolio of equity securities of large-capitalization global dividend growth companies. Its objectives are to provide holders with monthly non-cumulative cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the portfolio.

Global Dividend Growth Split (TSX:GDV) Headlines

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