Basf SE (XTER:BAS) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)

View and export this data going back to 1952. Start your Free Trial

What is Basf SE 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. Basf SE's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

Basf SE's long-term debt to total assets ratio increased from Mar. 2023 (0.20) to Mar. 2024 (0.23). It may suggest that Basf SE is progressively becoming more dependent on debt to grow their business.

Basf SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Basf SE'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.

Basf SE LT-Debt-to-Total-Asset Chart

Basf SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.21

0.17

0.19

0.24

Basf SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.21	0.21	0.24	0.23

Basf SE LT-Debt-to-Total-Asset Calculation

Basf SE'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 )
	=	18400	/	77395
	=	0.24

Basf SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	18986	/	81740
	=	0.23

Basf SE (XTER:BAS) 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.

Basf SE LT-Debt-to-Total-Asset Related Terms

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

Basf SE (XTER:BAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Basf SE (XTER:BAS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BFFAF:USA BASFY:USA BAS N:Mexico BASF:Italy BASF:Hungary BASd:UK 0BFA:UK BAS:Austria

Address

Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056

Website

https://www.basf.com

Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.

Executives

Dr. Stephan Kothrade	Board of Directors
Dr. Melanie Maas-brunner	Board of Directors
Dr. Dirk Elvermann	Board of Directors
Dr. Kurt Bock	Supervisory Board
Prof. Dr. Stefan Asenkerschbaumer	Supervisory Board
Dame Alison Carnwath	Supervisory Board
Prof. Dr. Thomas Carell	Supervisory Board
Alessandra Genco	Supervisory Board
Liming Chen	Supervisory Board
Dr. Markus Kamieth	Board of Directors
Saori Dubourg	Board of Directors
Sinischa Horvat	Supervisory Board
Tatjana Diether	Supervisory Board
Waldemar Helber	Supervisory Board
Michael Heinz	Board of Directors

Basf SE (XTER:BAS) Headlines

No Headlines