Belysse Group NV (FRA:BDB) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2023)

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What is Belysse Group NV 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. Belysse Group NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.11.

Belysse Group NV's long-term debt to total assets ratio declined from Dec. 2022 (0.48) to Dec. 2023 (0.11). It may suggest that Belysse Group NV is progressively becoming less dependent on debt to grow their business.

Belysse Group NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Belysse Group NV'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.

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Belysse Group NV LT-Debt-to-Total-Asset Chart

Belysse Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.36

0.38

0.40

0.48

0.11

Belysse Group NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.45	0.48	0.51	0.11

Belysse Group NV LT-Debt-to-Total-Asset Calculation

Belysse Group NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	36.617	/	327.557
	=	0.11

Belysse Group NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	36.617	/	327.557
	=	0.11

Belysse Group NV (FRA:BDB) 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.

Belysse Group NV LT-Debt-to-Total-Asset Related Terms

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Belysse Group NV (FRA:BDB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Belysse Group NV (FRA:BDB) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BELYS:Belgium

Address

Franklin Rooseveltlaan 172-174, Waregem, BEL, 8790

Website

https://www.belysse.com

Belysse Group NV operates its business in four segments. The rugs segment includes woven and tufted area rugs, under the Balta home brand. The residential segment includes wall-to-wall carpet and carpet tiles for private use, through the brands Balta carpets, ITC, and Balta carpet tiles. The commercial segment includes wall-to-wall carpet and carpet tiles for commercial use under the brands' arc edition, Bentley, and Modulyss. The non-Woven segment includes needle felt, carpet backing, and technical non-wovens under the Captiqs brand. The company's geographical segments are Europe, North America, and the Rest of the World.

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