Altice Europe NV (XAMS:ATC) LT-Debt-to-Total-Asset : 0.74 (As of Sep. 2020)

View and export this data going back to 2015. Start your Free Trial

What is Altice Europe 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. Altice Europe NV's long-term debt to total assests ratio for the quarter that ended in Sep. 2020 was 0.74.

Altice Europe NV's long-term debt to total assets ratio increased from Sep. 2019 (0.69) to Sep. 2020 (0.74). It may suggest that Altice Europe NV is progressively becoming more dependent on debt to grow their business.

Altice Europe NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Altice Europe 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.

* Premium members only.

Altice Europe NV LT-Debt-to-Total-Asset Chart

Altice Europe NV Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.71

0.65

0.68

0.73

0.74

Altice Europe NV Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.69	0.74	0.75	0.74	0.74

Altice Europe NV LT-Debt-to-Total-Asset Calculation

Altice Europe NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	35039.8	/	47181.4
	=	0.74

Altice Europe NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (Q: Sep. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2020 )	/	Total Assets (Q: Sep. 2020 )
	=	33646.8	/	45510.7
	=	0.74

Altice Europe NV (XAMS:ATC) 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.

Altice Europe NV LT-Debt-to-Total-Asset Related Terms

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

Altice Europe NV (XAMS:ATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Altice Europe NV (XAMS:ATC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oostdam 1, Woerden, NLD, 3441 EM

Website

http://www.altice.net

Altice Europe NV is engaged in telecom, content, media, entertainment and advertising. The company delivers products and solutions over fibre networks and mobile broadband. It is also a provider of enterprise digital solutions to business customers. The company's segments areFrance, Portugal, Israel, Dominican Republic, Teads, Altice TV, and Others.