Abrau-Durso PJSC (MIC:ABRD) LT-Debt-to-Total-Asset : 0.21 (As of Jun. 2023)

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What is Abrau-Durso PJSC 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. Abrau-Durso PJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.21.

Abrau-Durso PJSC's long-term debt to total assets ratio declined from Jun. 2022 (0.25) to Jun. 2023 (0.21). It may suggest that Abrau-Durso PJSC is progressively becoming less dependent on debt to grow their business.

Abrau-Durso PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Abrau-Durso PJSC'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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Abrau-Durso PJSC LT-Debt-to-Total-Asset Chart

Abrau-Durso PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.20

0.11

0.24

0.25

0.26

Abrau-Durso PJSC Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.25	0.25	0.26	0.21

Abrau-Durso PJSC LT-Debt-to-Total-Asset Calculation

Abrau-Durso PJSC'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 )
	=	6315.596	/	24631.724
	=	0.26

Abrau-Durso PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	5817.09	/	27153.322
	=	0.21

Abrau-Durso PJSC (MIC:ABRD) 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.

Abrau-Durso PJSC LT-Debt-to-Total-Asset Related Terms

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Abrau-Durso PJSC (MIC:ABRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Abrau-Durso PJSC (MIC:ABRD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

43A, Sevastopolsky Prospect, Building 2, Moscow, RUS, 117186

Website

http://www.abraudurso.ru

Abrau-Durso PJSC is a Russian Federation-based which is engaged in the production and sale of sparkling wine under the names Abrau - Durso, Abrau and VICTOR DRAVIGNY. The company also provides public catering and hotel services.

Abrau-Durso PJSC (MIC:ABRD) Headlines

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