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Acerinox (Acerinox) Debt-to-Asset : 0.35 (As of Mar. 2024)


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What is Acerinox Debt-to-Asset?

Acerinox's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,060 Mil. Acerinox's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,273 Mil. Acerinox's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $6,692 Mil. Acerinox's debt to asset for the quarter that ended in Mar. 2024 was 0.35.

Acerinox Debt-to-Asset Historical Data

The historical data trend for Acerinox's Debt-to-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.

Acerinox Debt-to-Asset Chart

Acerinox Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.36 0.31 0.32 0.35

Acerinox Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.34 0.34 0.35 0.35

Competitive Comparison of Acerinox's Debt-to-Asset

For the Steel subindustry, Acerinox's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Acerinox's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Acerinox's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Acerinox's Debt-to-Asset falls into.


Acerinox Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Acerinox's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(920.099 + 1408.022) / 6650.784
=0.35

Acerinox's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1059.783 + 1272.826) / 6692.391
=0.35

* 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.

Acerinox  (OTCPK:ANIOY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Acerinox Debt-to-Asset Related Terms

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

Acerinox (Acerinox) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Acerinox SA (OTCPK:ANIOY) » Definitions » Debt-to-Asset
Comparable Companies
XMAD:TUB XMAD:TRG NUE BOM:500228 NSE:TATASTEEL XKRX:005490 SHSE:600019 STLD XAMS:MT TSE:5401 MIC:CHMF RS TPE:2002 BOM:532286 SZSE:000708 SHSE:600010 TSE:5411 BOM:526371 TX CLF
Traded in Other Exchanges
ACXe:UK 0OIQ:UK ACX:Spain ACE1:Germany
Address
Calle Santiago de Compostela, no. 100, Madrid, ESP, 28035
Website
https://www.acerinox.com
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.

Acerinox (Acerinox) Headlines

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