Aluflexpack AG (XSWX:AFP) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Aluflexpack AG 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. Aluflexpack AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Aluflexpack AG's long-term debt to total assets ratio increased from Dec. 2022 (0.17) to Dec. 2023 (0.23). It may suggest that Aluflexpack AG is progressively becoming more dependent on debt to grow their business.

Aluflexpack AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aluflexpack AG'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.

* Premium members only.

Aluflexpack AG LT-Debt-to-Total-Asset Chart

Aluflexpack AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.06

0.04

0.17

0.23

Aluflexpack AG Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.04	0.20	0.17	0.16	0.23

Aluflexpack AG LT-Debt-to-Total-Asset Calculation

Aluflexpack AG'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 )
	=	101.051	/	448.258
	=	0.23

Aluflexpack AG'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 )
	=	101.051	/	448.258
	=	0.23

Aluflexpack AG (XSWX:AFP) 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.

Aluflexpack AG LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Aluflexpack AG's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Aluflexpack AG (XSWX:AFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Aluflexpack AG (XSWX:AFP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AFPz:UK

Address

Alte Aarauerstrasse 11, Reinach, CHE, 5734

Website

https://www.aluflexpack.com

Aluflexpack AG provides flexible packaging and solutions. The company is engaged in producing a wide range of flexible packaging products and solutions by converting and refining aluminum foil, paper, and flexible films. It offers products such as Containers, Films and foils, Lacquered foil, Lids, pouches, and Printed foils. It provides its services to the confectionery, dairy, and pharmaceutical industries. It derives revenue from Switzerland and other countries.

Aluflexpack AG (XSWX:AFP) Headlines

No Headlines