Ackermans & Van Haaren NV (XBRU:ACKB) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2023)

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What is Ackermans & Van Haaren NV 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. Ackermans & Van Haaren NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.13.

Ackermans & Van Haaren NV's long-term debt to total assets ratio declined from Dec. 2022 (0.14) to Dec. 2023 (0.13). It may suggest that Ackermans & Van Haaren NV is progressively becoming less dependent on debt to grow their business.

Ackermans & Van Haaren NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ackermans & Van Haaren NV'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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Ackermans & Van Haaren NV LT-Debt-to-Total-Asset Chart

Ackermans & Van Haaren NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.12

0.14

0.13

Ackermans & Van Haaren NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.14	0.13	0.13

Ackermans & Van Haaren NV LT-Debt-to-Total-Asset Calculation

Ackermans & Van Haaren NV'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 )
	=	2391.692	/	19020.522
	=	0.13

Ackermans & Van Haaren NV'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 )
	=	2391.692	/	19020.522
	=	0.13

Ackermans & Van Haaren NV (XBRU:ACKB) 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.

Ackermans & Van Haaren NV LT-Debt-to-Total-Asset Related Terms

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Ackermans & Van Haaren NV (XBRU:ACKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ackermans & Van Haaren NV (XBRU:ACKB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AVHNF:USA ACKBb:UK 0GYM:UK B3K:Germany

Address

Begijnenvest 113, Antwerp, BEL, 2000

Website

https://www.avh.be

Ackermans & Van Haaren NV is a global investment company with five core business segments, including Marine Engineering and Contracting, Private Banking, Real Estate and Senior Care, Energy and resources, and AvH and Growth Capital. The company has a long-term, activist orientation focused on making investments in growth companies with international exposure. A plurality of its net profit mix is derived from its Marine Engineering & Contracting segment, followed closely by its Private Banking & real estate and senior care division.

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