Amer Sports (Amer Sports) LT-Debt-to-Total-Asset : 0.28 (As of Mar. 2024)

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What is Amer Sports 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. Amer Sports's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.28.

Amer Sports's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.28). It may suggest that Amer Sports is progressively becoming more dependent on debt to grow their business.

Amer Sports LT-Debt-to-Total-Asset Historical Data

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

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.78

0.76

0.74

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					-	0.77	0.73	0.74	0.28

Amer Sports LT-Debt-to-Total-Asset Calculation

Amer Sports'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 )
	=	6190.8	/	8373.8
	=	0.74

Amer Sports'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 )
	=	2301	/	8174.5
	=	0.28

Amer Sports (NYSE:AS) 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.

Amer Sports LT-Debt-to-Total-Asset Related Terms

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Amer Sports (Amer Sports) Business Description

Industry

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Address

Website

Amer Sports Inc. is a group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance. It has three reportable segments: Technical Apparel, Outdoor Performance as well and Ball & Racquet Sports. Technical Apparel includes outdoor apparel, footwear, and accessories and consists of the Arc'teryx and Peak Performance brands, Outdoor Performance includes outdoor apparel, footwear, accessories, and winter sports equipment and consists of our Salomon, Atomic, Armada, and ENVE brands, Ball & Racquet Sports includes sports equipment, apparel and accessories and consists of our Wilson, Louisville Slugger, DeMarini, EvoShield, Atec and Luxilon brands, all of which comprise the Wilson Sporting Goods portfolio. Max revenue is generated from Outdoor Performance.

Amer Sports (Amer Sports) Headlines

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