Prodways Group (XPAR:PWG) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

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What is Prodways Group 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. Prodways Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

Prodways Group's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.19). It may suggest that Prodways Group is progressively becoming more dependent on debt to grow their business.

Prodways Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Prodways Group'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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Prodways Group LT-Debt-to-Total-Asset Chart

Prodways Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.18

0.17

0.16

0.19

Prodways Group Semi-Annual Data
	Dec14	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													0.17	0.17	0.16	0.15	0.19

Prodways Group LT-Debt-to-Total-Asset Calculation

Prodways Group'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 )
	=	19.736	/	105.462
	=	0.19

Prodways Group'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 )
	=	19.736	/	105.462
	=	0.19

Prodways Group (XPAR:PWG) 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.

Prodways Group LT-Debt-to-Total-Asset Related Terms

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Prodways Group (XPAR:PWG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prodways Group SA (XPAR:PWG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PRWYF:USA 5PD:Germany

Address

30 rue de Gramont, Paris, FRA, 75002

Website

https://www.prodways-group.com

Prodways Group SA is a France-based company engaged in providing 3D printing solutions. The company offers printing machinery for jewelry, footwear, industrial design, architecture, engineering and construction, and automotive sectors. It operates through two business segments: Products and Systems. The system segment includes Prodways, Prodways Americas, Prodways Materials, Deltamed, Exceltec, Prodways Rapid Additive Forging, Groupe Avenao and Solidscape. The product segment includes Initial, Cristal, Podo 3d, Prodways Conseil, Interson Protac, Varia 3d and Dentosmile. It generates maximum revenue from the Systems segment.

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