Pargesa Holding (XSWX:PARG) LT-Debt-to-Total-Asset : 0.17 (As of Jun. 2020)

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What is Pargesa Holding 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. Pargesa Holding's long-term debt to total assests ratio for the quarter that ended in Jun. 2020 was 0.17.

Pargesa Holding's long-term debt to total assets ratio increased from Jun. 2019 (0.14) to Jun. 2020 (0.17). It may suggest that Pargesa Holding is progressively becoming more dependent on debt to grow their business.

Pargesa Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pargesa Holding'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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Pargesa Holding LT-Debt-to-Total-Asset Chart

Pargesa Holding Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.19

0.12

0.16

0.18

Pargesa Holding Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.16	0.14	0.18	0.17

Pargesa Holding LT-Debt-to-Total-Asset Calculation

Pargesa Holding'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 )
	=	5981.2	/	34008.7
	=	0.18

Pargesa Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

LT Debt to Total Assets (Q: Jun. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2020 )	/	Total Assets (Q: Jun. 2020 )
	=	5600.7	/	33339
	=	0.17

Pargesa Holding (XSWX:PARG) 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.

Pargesa Holding LT-Debt-to-Total-Asset Related Terms

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Pargesa Holding (XSWX:PARG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Pargesa Holding SA (XSWX:PARG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Grand Rue, Geneva, CHE, 1204

Website

http://www.pargesa.ch

Pargesa Holding is a holding company. The company owns 50% of Groupe Bruxelles Lambert, a traded holding company with sizable investments in large European industrial firms such as LafargeHolcim, SGS, Imerys, and Adidas.

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