Nemetschek SE (Nemetschek SE) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Nemetschek 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. Nemetschek SE's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Nemetschek SE's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.04). It may suggest that Nemetschek SE is progressively becoming less dependent on debt to grow their business.

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

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

Nemetschek SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.14

0.08

0.06

0.04

Nemetschek SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.05	0.04	0.04

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

Nemetschek SE'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 )
	=	57.628	/	1389.675
	=	0.04

Nemetschek SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	55.192	/	1498.859
	=	0.04

Nemetschek SE (OTCPK:NEMKY) 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.

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

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Nemetschek SE (Nemetschek SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nemetschek SE (OTCPK:NEMKY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NEMTF:USA 1NEMX:Italy NEMd:UK 0FDT:UK NEM:Germany NEM:Austria

Address

Konrad-Zuse-Platz 1, Munich, BY, DEU, 81829

Website

https://www.nemetschek.com

Nemetschek is a German company that makes software products for the architecture, engineering, and construction industry mainly, but also for the media and entertainment industry. Its software solutions cover the entire life cycle of building and infrastructure projects (design, build, and manage). In media and entertainment, it is one of the world's leading providers of software for the creation of 3D animation and visual effects in movies, TV shows, and gaming.

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