Groupe Airwell (XPAR:ALAIR) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2023)

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What is Groupe Airwell 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. Groupe Airwell's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.10.

Groupe Airwell's long-term debt to total assets ratio declined from Dec. 2022 (0.16) to Dec. 2023 (0.10). It may suggest that Groupe Airwell is progressively becoming less dependent on debt to grow their business.

Groupe Airwell LT-Debt-to-Total-Asset Historical Data

The historical data trend for Groupe Airwell'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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Groupe Airwell LT-Debt-to-Total-Asset Chart

Groupe Airwell Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.50

0.54

0.19

0.16

0.10

Groupe Airwell Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.19	0.11	0.16	0.16	0.10

Groupe Airwell LT-Debt-to-Total-Asset Calculation

Groupe Airwell'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 )
	=	3.844	/	39.381
	=	0.10

Groupe Airwell'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 )
	=	3.844	/	39.381
	=	0.10

Groupe Airwell (XPAR:ALAIR) 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.

Groupe Airwell LT-Debt-to-Total-Asset Related Terms

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Groupe Airwell (XPAR:ALAIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Groupe Airwell (XPAR:ALAIR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 rue du Fort Saint-Cyr, Montigny Le Bretonneux, FRA, 78180

Website

https://www.airwell.com

Groupe Airwell is a French air-conditioning brand. It is specialized in the distribution of air-conditioning, heating, and ventilation equipment and systems for the residential and tertiary markets. The group offers small, medium and large power products to ensure the thermal comfort of homes, office spaces, shopping malls, public buildings, etc. The products are marketed to wholesalers/distributors and installers.

Groupe Airwell (XPAR:ALAIR) Headlines

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