Ageas/ NV (FRA:FO4N) Debt-to-Asset : 0.05 (As of Dec. 2023)

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

What is Ageas/ NV Debt-to-Asset?

Ageas/ NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Ageas/ NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4,585 Mil. Ageas/ NV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €96,693 Mil. Ageas/ NV's debt to asset for the quarter that ended in Dec. 2023 was 0.05.

Ageas/ NV Debt-to-Asset Historical Data

The historical data trend for Ageas/ NV'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.

Ageas/ NV Debt-to-Asset Chart

Ageas/ NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.05

0.04

0.05

Ageas/ NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.04	0.04	0.05	0.05	0.05

Competitive Comparison of Ageas/ NV's Debt-to-Asset

For the Insurance - Diversified subindustry, Ageas/ NV'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.

Ageas/ NV's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ageas/ NV's Debt-to-Asset distribution charts can be found below:

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

Ageas/ NV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ageas/ NV'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
	=	(0	+	4585)	/	96693
	=	0.05

Ageas/ NV's Debt-to-Asset for the quarter 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
	=	(0	+	4585)	/	96693
	=	0.05

Ageas/ NV (FRA:FO4N) 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.

Ageas/ NV Debt-to-Asset Related Terms

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

Ageas/ NV (FRA:FO4N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ageas SA/ NV (FRA:FO4N) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

AGESY:USA AGS:Mexico AGS:Italy AGSb:UK 0Q99:UK AGS:Belgium AGS:Austria

Address

Rue du Marquis 1/Markiesstraat 1, Box 7, Brussels, BEL, 1000

Website

https://www.ageas.com

Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis' capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis' share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.

Ageas/ NV (FRA:FO4N) Headlines

No Headlines