Georg Fischer AG (XSWX:GF) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2023)

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What is Georg Fischer AG 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. Georg Fischer AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.15.

Georg Fischer AG's long-term debt to total assets ratio declined from Dec. 2022 (0.17) to Dec. 2023 (0.15). It may suggest that Georg Fischer AG is progressively becoming less dependent on debt to grow their business.

Georg Fischer AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Georg Fischer AG'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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Georg Fischer AG LT-Debt-to-Total-Asset Chart

Georg Fischer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.23

0.17

0.15

Georg Fischer AG Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.17	0.17	0.17	0.18	0.15

Georg Fischer AG LT-Debt-to-Total-Asset Calculation

Georg Fischer AG'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 )
	=	625	/	4119
	=	0.15

Georg Fischer AG'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 )
	=	625	/	4119
	=	0.15

Georg Fischer AG (XSWX:GF) 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.

Georg Fischer AG LT-Debt-to-Total-Asset Related Terms

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Georg Fischer AG (XSWX:GF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Georg Fischer AG (XSWX:GF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GFz:UK 0QP4:UK

Address

Amsler-Laffon-Strasse 9, Schaffhausen, CHE, 8201

Website

https://www.georgfischer.com

Georg Fischer AG provides transportation of liquids and gases, lightweight casting components in vehicles, and high-precision manufacturing technologies. It supplies plastic and metal piping systems, valves and fittings, electrical discharge machines, and other additive manufacturing solutions. The company is one of the world's leading providers for the tool and mold-making industry and services customers in utilities, automotive, aerospace, water and gas, and other industrial Applications. Revenue is divided among three divisions: piping systems, casting solutions, and machining solutions. The firm has global distribution resources with various sales and representative offices. Approximately half of total revenue derives from Europe, with Germany being an important region for the company.

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