Kabel Deutschland AG (FRA:KD8V) LT-Debt-to-Total-Asset : 0.62 (As of Mar. 2021)

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What is Kabel Deutschland 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. Kabel Deutschland AG's long-term debt to total assests ratio for the quarter that ended in Mar. 2021 was 0.62.

Kabel Deutschland AG's long-term debt to total assets ratio declined from Mar. 2019 (0.65) to Mar. 2021 (0.62). It may suggest that Kabel Deutschland AG is progressively becoming less dependent on debt to grow their business.

Kabel Deutschland AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kabel Deutschland 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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Kabel Deutschland AG LT-Debt-to-Total-Asset Chart

Kabel Deutschland AG Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

LT-Debt-to-Total-Asset

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0.01

0.45

0.65

0.62

Kabel Deutschland AG Semi-Annual Data
	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.01	0.45	0.65	0.62	0.62

Kabel Deutschland AG LT-Debt-to-Total-Asset Calculation

Kabel Deutschland AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (A: Mar. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2021 )	/	Total Assets (A: Mar. 2021 )
	=	2589.29	/	4153.164
	=	0.62

Kabel Deutschland AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (Q: Mar. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2021 )	/	Total Assets (Q: Mar. 2021 )
	=	2589.29	/	4153.164
	=	0.62

Kabel Deutschland AG (FRA:KD8V) 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.

Kabel Deutschland AG LT-Debt-to-Total-Asset Related Terms

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Kabel Deutschland AG (FRA:KD8V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kabel Deutschland AG (FRA:KD8V) » Definitions » LT-Debt-to-Total-Asset

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Address

Betastrasse 6 - 8, Unterfoehring, DEU, 85774

Website

http://www.kabeldeutschland.com

Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland AG (FRA:KD8V) Headlines

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