Flughafen Zuerich AG (XSWX:FHZN) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Flughafen Zuerich 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. Flughafen Zuerich AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.24.

Flughafen Zuerich AG's long-term debt to total assets ratio declined from Dec. 2022 (0.29) to Dec. 2023 (0.24). It may suggest that Flughafen Zuerich AG is progressively becoming less dependent on debt to grow their business.

Flughafen Zuerich AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Flughafen Zuerich 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.

Flughafen Zuerich AG LT-Debt-to-Total-Asset Chart

Flughafen Zuerich AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.18

0.36

0.37

0.29

0.24

Flughafen Zuerich AG Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.37	0.30	0.29	0.25	0.24

Flughafen Zuerich AG LT-Debt-to-Total-Asset Calculation

Flughafen Zuerich 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 )
	=	1238.6	/	5105.9
	=	0.24

Flughafen Zuerich 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 )
	=	1238.6	/	5105.9
	=	0.24

Flughafen Zuerich AG (XSWX:FHZN) 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.

Flughafen Zuerich AG LT-Debt-to-Total-Asset Related Terms

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

Flughafen Zuerich AG (XSWX:FHZN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Flughafen Zuerich AG (XSWX:FHZN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

UZAPF:USA FLGZY:USA FHZNz:UK 0RG6:UK

Address

Zurich-Flughafen, Postfach, Zurich, CHE, CH-8058

Website

https://www.flughafen-zuerich.ch

Flughafen Zuerich AG owns and operates Zurich Airport, and offers services to international, domestic, and regional flights. Its services provided for passengers encompass activities related to the departure, arrival, and transfer areas at the airport. Revenue is split between aviation (majority of total revenue) and nonaviation services. Aviation services primarily derive from passenger and landing charges. Nonaviation services refer to retail and parking charges, sales from facility management, and other services provided at the airport. Passengers traveling within Europe cover approximately three fourths of total passengers, with many tourist cities being popular destinations.

Flughafen Zuerich AG (XSWX:FHZN) Headlines

No Headlines