Dafora (BSE:DAFR) LT-Debt-to-Total-Asset : 0.23 (As of Jun. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Dafora 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. Dafora's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.23.

Dafora's long-term debt to total assets ratio declined from Jun. 2022 (0.24) to Jun. 2023 (0.23). It may suggest that Dafora is progressively becoming less dependent on debt to grow their business.

Dafora LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dafora'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.

Dafora LT-Debt-to-Total-Asset Chart

Dafora Annual Data

Trend

Dec12

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.57

0.55

0.69

0.47

0.22

Dafora Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.47	0.22	0.22	0.23

Dafora LT-Debt-to-Total-Asset Calculation

Dafora's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	13.42	/	61.981
	=	0.22

Dafora's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	13.223	/	56.986
	=	0.23

Dafora (BSE:DAFR) 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.

Dafora LT-Debt-to-Total-Asset Related Terms

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

Dafora (BSE:DAFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dafora SA (BSE:DAFR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Str. Regele Ferdinand I, No.15, Medias, ROU, 551002

Website

http://www.dafora.ro

Dafora Ord provides drilling and construction services. The company's services include onshore drilling services for oil, natural gas and geothermal water, well testing and workover, transport and maintenance for drilling equipment. It provides services in South Africa, Tanzania, Uganda, Mozambique, Sudan, France, Bulgaria, Ukraine, Hungary, and Israel.

Dafora (BSE:DAFR) Headlines

No Headlines