Bremer Lagerhaus-Gesellschaft (FRA:BLH) LT-Debt-to-Total-Asset : 0.51 (As of Dec. 2023)

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What is Bremer Lagerhaus-Gesellschaft 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. Bremer Lagerhaus-Gesellschaft's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.51.

Bremer Lagerhaus-Gesellschaft's long-term debt to total assets ratio declined from Dec. 2021 (0.54) to Dec. 2023 (0.51). It may suggest that Bremer Lagerhaus-Gesellschaft is progressively becoming less dependent on debt to grow their business.

Bremer Lagerhaus-Gesellschaft LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bremer Lagerhaus-Gesellschaft'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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Bremer Lagerhaus-Gesellschaft LT-Debt-to-Total-Asset Chart

Bremer Lagerhaus-Gesellschaft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.46

0.55

0.54

0.50

0.51

Bremer Lagerhaus-Gesellschaft Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.46	0.55	0.54	0.50	0.51

Bremer Lagerhaus-Gesellschaft LT-Debt-to-Total-Asset Calculation

Bremer Lagerhaus-Gesellschaft'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 )
	=	668.399	/	1317.368
	=	0.51

Bremer Lagerhaus-Gesellschaft'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 )
	=	668.399	/	1317.368
	=	0.51

Bremer Lagerhaus-Gesellschaft (FRA:BLH) 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.

Bremer Lagerhaus-Gesellschaft LT-Debt-to-Total-Asset Related Terms

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Bremer Lagerhaus-Gesellschaft (FRA:BLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bremer Lagerhaus-Gesellschaft (FRA:BLH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BLH:Germany

Address

Präsident-Kennedy-Platz 1, Bremen, DEU, 28203

Website

http://www.blg.de

Bremer Lagerhaus-Gesellschaft is engaged in the provision of logistics services. The company operates through three segments which include Automobile, Contract, and Container. The Automobile segment consists of logistics of finished vehicles and includes handling, storage, technical processing and forwarding and transport logistics through rail, road and inland waterway. Its Contract segment offers automotive, industrial, retail and seaport logistics, forwarding services and logistics for the offshore wind industry. The Container segment focuses on container handling.

Bremer Lagerhaus-Gesellschaft (FRA:BLH) Headlines

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