KATEK SE (FRA:KTEK) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2023)

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What is KATEK SE 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. KATEK SE's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.21.

KATEK SE's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.21). It may suggest that KATEK SE is progressively becoming more dependent on debt to grow their business.

KATEK SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for KATEK SE'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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KATEK SE LT-Debt-to-Total-Asset Chart

KATEK SE Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.24

0.18

0.07

0.21

KATEK SE Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.07	0.11	0.12	0.14	0.21

KATEK SE LT-Debt-to-Total-Asset Calculation

KATEK SE'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 )
	=	109.18	/	521.146
	=	0.21

KATEK SE'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 )
	=	109.18	/	521.146
	=	0.21

KATEK SE (FRA:KTEK) 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.

KATEK SE LT-Debt-to-Total-Asset Related Terms

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KATEK SE (FRA:KTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KATEK SE (FRA:KTEK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KTEK:Germany

Address

Promenadeplatz 12, Munchen, BY, DEU, 80333

Website

https://www.katek-group.de

KATEK SE is a German electronics service provider. The key revenue streams are automotive, communication, consumer, industry, energy/solar, and medical technology. It has two segments, The Electronics segment comprises the activities of the Group in the development of hardware and software, prototyping, and the manufacture of high-quality electronics for industrial customers. The Systems & Products segment comprises the same value-added activities, but, in contrast to the Electronics segment, it possesses a number of additional features that together create particular value added (high-value electronics). The majority is from the Electronics segment. Geographically, the majority of revenue is from Germany.

Executives

Dr. Johannes Fues

Board of Directors

KATEK SE (FRA:KTEK) Headlines

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