Flexdeal Simfe (XLIS:FLEXD) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2023)

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What is Flexdeal Simfe 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. Flexdeal Simfe's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.06.

Flexdeal Simfe's long-term debt to total assets ratio increased from Sep. 2022 (0.06) to Sep. 2023 (0.06). It may suggest that Flexdeal Simfe is progressively becoming more dependent on debt to grow their business.

Flexdeal Simfe LT-Debt-to-Total-Asset Historical Data

The historical data trend for Flexdeal Simfe'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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Flexdeal Simfe LT-Debt-to-Total-Asset Chart

Flexdeal Simfe Annual Data

Trend

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.05

0.06

Flexdeal Simfe Semi-Annual Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.05	0.06	0.06	0.06	0.06

Flexdeal Simfe LT-Debt-to-Total-Asset Calculation

Flexdeal Simfe'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 )
	=	1.307	/	22.667
	=	0.06

Flexdeal Simfe'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 )
	=	1.307	/	22.667
	=	0.06

Flexdeal Simfe (XLIS:FLEXD) 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.

Flexdeal Simfe LT-Debt-to-Total-Asset Related Terms

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Flexdeal Simfe (XLIS:FLEXD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flexdeal Simfe SA (XLIS:FLEXD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Dr. Francisco Torres N.78, Barcelos, PRT, 4750-160

Website

https://www.flexdeal.pt

Flexdeal Simfe SA is an investment managment company. The company invests in securities issued by companies eligible for investment by movable investment companies to promote the economy.

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