Lilium NV (Lilium NV) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Lilium NV 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. Lilium NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Lilium NV's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.03). It may suggest that Lilium NV is progressively becoming less dependent on debt to grow their business.

Lilium NV LT-Debt-to-Total-Asset Historical Data

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

Lilium NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.05

0.02

0.03

Lilium NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.02	0.03	0.03	0.03	0.03

Lilium NV LT-Debt-to-Total-Asset Calculation

Lilium NV'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 )
	=	8.968	/	340.176
	=

Lilium NV'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 )
	=	8.968	/	340.176
	=

Lilium NV (NAS:LILM) 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.

Lilium NV LT-Debt-to-Total-Asset Related Terms

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Lilium NV (Lilium NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Lilium NV (NAS:LILM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

5KD:Germany 5KD:Germany 5KD:Germany

Address

Claude-Dornier Street 1, Building 335, Wessling, BY, DEU, 82234

Website

https://www.lilium.com

Lilium NV creates a sustainable and accessible mode of high-speed, regional transportation. Using the 7-Seater Lilium Jet, an electric vertical take-off and landing jet, offering leading capacity, low noise and high performance, it is building a transport network and service for people and goods.