GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AB Effectenbeteiligungen AG (WBO:ABE) » Definitions » LT-Debt-to-Total-Asset

AB Effectenbeteiligungen AG (WBO:ABE) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is AB Effectenbeteiligungen 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. AB Effectenbeteiligungen AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

AB Effectenbeteiligungen AG's long-term debt to total assets ratio declined from Dec. 2021 (0.42) to Dec. 2023 (0.04). It may suggest that AB Effectenbeteiligungen AG is progressively becoming less dependent on debt to grow their business.

AB Effectenbeteiligungen AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for AB Effectenbeteiligungen 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.

* Premium members only.

AB Effectenbeteiligungen AG LT-Debt-to-Total-Asset Chart

AB Effectenbeteiligungen AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.42 0.11 0.04

AB Effectenbeteiligungen AG Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.42 0.11 0.04

AB Effectenbeteiligungen AG LT-Debt-to-Total-Asset Calculation

AB Effectenbeteiligungen AG'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 )
=0.357/8.059
=0.04

AB Effectenbeteiligungen AG'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 )
=0.357/8.059
=0.04

* 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.

AB Effectenbeteiligungen AG  (WBO:ABE) 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.

AB Effectenbeteiligungen AG LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of AB Effectenbeteiligungen AG's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

AB Effectenbeteiligungen AG (WBO:ABE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AB Effectenbeteiligungen AG (WBO:ABE) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
TSXV:MIRA.P BOM:538557 IST:EUKYO ASX:MPR BOM:509945 IST:SALIX NGM:TCAB B XBRU:BELU KUW:TAMKEEN XSWX:NEWN LSE:8PG HAM:M5S LSE:PIRI IST:DAGHL TSX:CDD.UN TSXV:AIS WAR:AIN LSE:ALGW IST:EUYO IST:ETYAT
Traded in Other Exchanges
JPH:Germany
Address
Lehen 68, Innerschwand, Mondsee, AUT, A-5311
Website
https://www.abe-ag.at
AB Effectenbeteiligungen AG is engaged in the investment in undervalued small-cap and mid-cap companies. Its focus is on investments in long-term sustainable value shares, which are meaningfully supplemented by more liquid shares with at least a medium maturity. The company focuses on investments focusing on Germany and Austria.