Credit Suisse Group AG (Credit Suisse Group AG) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2022)

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What is Credit Suisse Group AG 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. Credit Suisse Group AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.30.

Credit Suisse Group AG's long-term debt to total assets ratio increased from Dec. 2021 (0.22) to Dec. 2022 (0.30). It may suggest that Credit Suisse Group AG is progressively becoming more dependent on debt to grow their business.

Credit Suisse Group AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Credit Suisse Group AG'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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Credit Suisse Group AG LT-Debt-to-Total-Asset Chart

Credit Suisse Group AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.20

0.22

0.30

Credit Suisse Group AG Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.22	0.22	0.24	0.30

Credit Suisse Group AG LT-Debt-to-Total-Asset Calculation

Credit Suisse Group AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	171376.127	/	570371.404
	=	0.30

Credit Suisse Group AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	171376.127	/	570371.404
	=	0.30

Credit Suisse Group AG (NYSE:CS) 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.

Credit Suisse Group AG LT-Debt-to-Total-Asset Related Terms

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Credit Suisse Group AG (Credit Suisse Group AG) Business Description

Industry

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Address

Paradeplatz 8, Zurich, CHE, 8001

Website

https://www.credit-suisse.com

Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific.