Hapag-Lloyd AG (MIL:1HLAG) Debt-to-Asset : 0.18 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hapag-Lloyd AG Debt-to-Asset?

Hapag-Lloyd AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,262 Mil. Hapag-Lloyd AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €4,053 Mil. Hapag-Lloyd AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €30,321 Mil. Hapag-Lloyd AG's debt to asset for the quarter that ended in Mar. 2024 was 0.18.

Hapag-Lloyd AG Debt-to-Asset Historical Data

The historical data trend for Hapag-Lloyd AG's Debt-to-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.

Hapag-Lloyd AG Debt-to-Asset Chart

Hapag-Lloyd AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.40

0.34

0.21

0.14

0.17

Hapag-Lloyd AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.13	0.18	0.18	0.17	0.18

Competitive Comparison of Hapag-Lloyd AG's Debt-to-Asset

For the Marine Shipping subindustry, Hapag-Lloyd AG's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Hapag-Lloyd AG's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hapag-Lloyd AG's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hapag-Lloyd AG's Debt-to-Asset falls into.

Hapag-Lloyd AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hapag-Lloyd AG's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1257.7	+	3772.9)	/	29012.4
	=	0.17

Hapag-Lloyd AG's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1262	+	4053.2)	/	30320.8
	=	0.18

Hapag-Lloyd AG (MIL:1HLAG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Hapag-Lloyd AG Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Hapag-Lloyd AG's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hapag-Lloyd AG (MIL:1HLAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hapag-Lloyd AG (MIL:1HLAG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

HLAGF:USA HPGLY:USA HLAGd:UK 0RCG:UK HLAG:Germany HLAG:Austria

Address

Ballindamm 25, Hamburg, DEU, 20095

Website

https://www.hapag-lloyd.com

Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.

Hapag-Lloyd AG (MIL:1HLAG) Headlines

No Headlines