Pierre & Vacances (XPAR:VAC) LT-Debt-to-Total-Asset : 0.78 (As of Mar. 2023)

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What is Pierre & Vacances 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. Pierre & Vacances's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.78.

Pierre & Vacances's long-term debt to total assets ratio declined from Mar. 2022 (0.80) to Mar. 2023 (0.78). It may suggest that Pierre & Vacances is progressively becoming less dependent on debt to grow their business.

Pierre & Vacances LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pierre & Vacances'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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Pierre & Vacances LT-Debt-to-Total-Asset Chart

Pierre & Vacances Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

LT-Debt-to-Total-Asset

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0.23

0.22

0.82

0.80

0.77

Pierre & Vacances Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.80	0.80	0.77	0.78	-

Pierre & Vacances LT-Debt-to-Total-Asset Calculation

Pierre & Vacances's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (A: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2022 )	/	Total Assets (A: Sep. 2022 )
	=	2989.851	/	3900.545
	=	0.77

Pierre & Vacances's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	2948.56	/	3778.223
	=	0.78

Pierre & Vacances (XPAR:VAC) 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.

Pierre & Vacances LT-Debt-to-Total-Asset Related Terms

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Pierre & Vacances (XPAR:VAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pierre & Vacances (XPAR:VAC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PV6:Germany

Address

L’Artois, Espace Pont de Flandre, 11, Rue de Cambrai, Paris Cedex 19, Paris, FRA, 75947

Website

http://www.groupepvcp.com

Pierre & Vacances is a France-based company engaged in providing holiday residences. The company's segment includes Center Parcs; Pierre and Vacances; Adagio; Major Projects and Senioriales and riales Holding company. It generates maximum revenue from the Center Parcs segment. The Center Parcs segment includes the operation of the Domaines marketed under the Center Parcs, Sunparks and Villages Nature brands, and the construction/renovation of tourism assets and real estate marketing activities in the Netherlands, Germany and Belgium.