GREE (GREZF) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is GREE 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. GREE's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

GREE's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.13) to Mar. 2024 (0.13).

GREE LT-Debt-to-Total-Asset Historical Data

The historical data trend for GREE'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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GREE LT-Debt-to-Total-Asset Chart

GREE Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.06

0.07

0.09

GREE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.09	0.09	0.13	0.13

GREE LT-Debt-to-Total-Asset Calculation

GREE'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 )
	=	75.694	/	882.907
	=	0.09

GREE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	111.468	/	848.399
	=	0.13

GREE (OTCPK:GREZF) 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.

GREE LT-Debt-to-Total-Asset Related Terms

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GREE (GREZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GREE Inc (OTCPK:GREZF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

3632:Japan V3U:Germany

Address

10-1, Roppongi 6-Chome, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN

Website

http://www.gree.co.jp

Gree is a Japanese internet media company headquartered in Tokyo. Its business is divided into games, media, advertising, and investment. The games division provides games internationally via the App Store and Google Play from the company's studios in Japan and North America. The media segment is engaged in a variety of IT businesses, including services and media. The advertising segment targets mainly the smartphone advertising market. The company has investments in Internet technology services companies in Japan, North America, and Southeast Asia.