Picanol NV (LTS:0FM2) Debt-to-Asset : 0.12 (As of Jun. 2022)

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What is Picanol NV Debt-to-Asset?

Picanol NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was €184 Mil. Picanol NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was €207 Mil. Picanol NV's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2022 was €3,212 Mil. Picanol NV's debt to asset for the quarter that ended in Jun. 2022 was 0.12.

Picanol NV Debt-to-Asset Historical Data

The historical data trend for Picanol NV's Debt-to-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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Picanol NV Debt-to-Asset Chart

Picanol NV Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Asset

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0.19

0.17

0.14

Picanol NV Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Debt-to-Asset	Get a 7-Day Free Trial															0.18	0.17	0.15	0.14	0.12

Competitive Comparison of Picanol NV's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Picanol NV's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Picanol NV's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Picanol NV's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Picanol NV's Debt-to-Asset falls into.

Picanol NV Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Picanol NV's Debt-to-Asset for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(215.5	+	196.2)	/	3032
	=	0.14

Picanol NV's Debt-to-Asset for the quarter that ended in Jun. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(183.9	+	207.4)	/	3212.3
	=	0.12

Picanol NV (LTS:0FM2) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Picanol NV Debt-to-Asset Related Terms

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Picanol NV (LTS:0FM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Picanol NV (LTS:0FM2) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Steverlyncklaan 15, Ieper, BEL, 8900

Website

http://www.picanolgroup.com

Picanol NV is a Belgium-based company that develops, manufactures, and distributes weaving machines, engineered casting solutions, and customized controllers. The company, through Weaving Machines (Picanol), supplies weaving machines to global weaving mills, as well as related services. Picanol also markets accessories via GTP Global Textile Partner. Also, the Picanol Group is involved in other business activities including foundry activities and mechanic finishing activities. The group's operating segment comprises Machines & Technologies; Agro; Bio-valorization; Industrial Solutions; and T-Power.

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