Stabilus SE (LTS:0QUL) LT-Debt-to-Total-Asset : 0.21 (As of Sep. 2023)

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What is Stabilus SE 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. Stabilus SE's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.21.

Stabilus SE's long-term debt to total assets ratio declined from Sep. 2022 (0.22) to Sep. 2023 (0.21). It may suggest that Stabilus SE is progressively becoming less dependent on debt to grow their business.

Stabilus SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Stabilus SE'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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Stabilus SE LT-Debt-to-Total-Asset Chart

Stabilus SE Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.28

0.30

0.28

0.22

0.21

Stabilus SE Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	-	0.23	-	0.21

Stabilus SE LT-Debt-to-Total-Asset Calculation

Stabilus SE's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	276.479	/	1334.305
	=	0.21

Stabilus SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	276.479	/	1334.305
	=	0.21

Stabilus SE (LTS:0QUL) 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.

Stabilus SE LT-Debt-to-Total-Asset Related Terms

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Stabilus SE (LTS:0QUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stabilus SE (LTS:0QUL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SIUAF:USA STM:Germany

Address

Wallersheimer Weg 100, Koblenz, RP, DEU, 56070

Website

https://www.stabilus.com

Stabilus SE is a European manufacturer of industrial spare parts and tools. Its products comprise locking and non-locking gas springs, dampers, and electric motor drives for use in automobiles. The company's Majority of revenue contributor is Germany and operates across three geographical segments, namely EMEA, Americas, and APAC.

Stabilus SE (LTS:0QUL) Headlines

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