Lanxess AG (Lanxess AG) Debt-to-Asset : 0.00 (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Lanxess AG Debt-to-Asset?

Lanxess AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. Lanxess AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. Lanxess AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $11,287 Mil. Lanxess AG's debt to asset for the quarter that ended in Sep. 2023 was 0.00.

Lanxess AG Debt-to-Asset Historical Data

The historical data trend for Lanxess AG'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.

Lanxess AG Debt-to-Asset Chart

Lanxess AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

Get a 7-Day Free Trial

0.31

0.32

0.33

0.38

Lanxess AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial															-	0.38	-	-	-

Competitive Comparison of Lanxess AG's Debt-to-Asset

For the Specialty Chemicals subindustry, Lanxess AG'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.

Lanxess AG's Debt-to-Asset Distribution in the Chemicals Industry

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

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

Lanxess AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Lanxess AG's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(863.347	+	3617.585)	/	11950.212
	=	0.37

Lanxess AG's Debt-to-Asset for the quarter that ended in Sep. 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	+	0)	/	11287.086
	=	0.00

Lanxess AG (OTCPK:LNXSF) 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.

Lanxess AG Debt-to-Asset Related Terms

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

Lanxess AG (Lanxess AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (OTCPK:LNXSF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

LNXSY:USA 1LXS:Italy LXSd:UK 0H7I:UK LXS:Germany LXS:Austria

Address

Kennedyplatz 1, Cologne, DEU, 50569

Website

https://www.lanxess.com

Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

Lanxess AG (Lanxess AG) Headlines

From GuruFocus

Polari Global Value Fund: Second-Quarter Commentary

By cody56 CodyEustice • 07-30-2015

Bernard Horn's Polaris Global Value Fund 3rd Quarter Commentary

By Holly LaFon Holly LaFon • 10-14-2016

Bernard Horn Comments on LANXESS

By Vera Yuan Vera Yuan • 08-07-2014