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Vantage Towers AG (Vantage Towers AG) Debt-to-Asset : 0.38 (As of Mar. 2023)


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What is Vantage Towers AG Debt-to-Asset?

Vantage Towers AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $2,635 Mil. Vantage Towers AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1,875 Mil. Vantage Towers AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2023 was $11,816 Mil. Vantage Towers AG's debt to asset for the quarter that ended in Mar. 2023 was 0.38.

Vantage Towers AG Debt-to-Asset Historical Data

The historical data trend for Vantage Towers 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.

Vantage Towers AG Debt-to-Asset Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-Asset
0.41 0.39 0.38

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Debt-to-Asset Get a 7-Day Free Trial 0.41 0.41 0.39 0.39 0.38

Competitive Comparison of Vantage Towers AG's Debt-to-Asset

For the Real Estate Services subindustry, Vantage Towers 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.

Vantage Towers AG's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vantage Towers AG's Debt-to-Asset distribution charts can be found below:

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


Vantage Towers AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Vantage Towers AG's Debt-to-Asset for the fiscal year that ended in Mar. 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
=(2634.69 + 1875.268) / 11815.632
=0.38

Vantage Towers AG's Debt-to-Asset for the quarter that ended in Mar. 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
=(2634.69 + 1875.268) / 11815.632
=0.38

* 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.

Vantage Towers AG  (OTCPK:VTAGY) 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.

Vantage Towers AG Debt-to-Asset Related Terms

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Vantage Towers AG (Vantage Towers AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vantage Towers AG (OTCPK:VTAGY) » Definitions » Debt-to-Asset
Comparable Companies
BEKE CBRE CSGP JLL DBRG EXPI KW CWK OPEN NMRK XMAD:CLNX TSE:8830 HKSE:01972 SGX:9CI OSTO:AKEL D HKSE:01997 MIL:INW HKSE:01209 XTER:DWNI XSWX:SPSN
Traded in Other Exchanges
VTWR:Germany
Address
Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Website
https://www.vantagetowers.com
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (Vantage Towers AG) Headlines

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