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StarragTornos Group AG (LTS:0QQA) Debt-to-Asset : 0.13 (As of Jun. 2024)


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What is StarragTornos Group AG Debt-to-Asset?

StarragTornos Group AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was CHF45.1 Mil. StarragTornos Group AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was CHF24.2 Mil. StarragTornos Group AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was CHF556.6 Mil. StarragTornos Group AG's debt to asset for the quarter that ended in Jun. 2024 was 0.12.


StarragTornos Group AG Debt-to-Asset Historical Data

The historical data trend for StarragTornos Group AG'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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StarragTornos Group AG Debt-to-Asset Chart

StarragTornos Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.08 0.04 - 0.07

StarragTornos Group AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 - 0.11 0.07 0.13

Competitive Comparison of StarragTornos Group AG's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, StarragTornos Group AG'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.


StarragTornos Group AG's Debt-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where StarragTornos Group AG's Debt-to-Asset falls into.



StarragTornos Group AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

StarragTornos Group AG's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(18.284 + 22.117) / 547.186
=0.07

StarragTornos Group AG's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(45.147 + 24.225) / 556.584
=0.12

* 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.


StarragTornos Group AG  (LTS:0QQA) 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.


StarragTornos Group AG Debt-to-Asset Related Terms

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StarragTornos Group AG Business Description

Traded in Other Exchanges
Address
Seebleichestrasse 61, Rorschacherberg, CHE, 9404
StarragTornos Group AG is engaged in the manufactures of high-precision machining tools for milling turning, boring and grinding workpieces of metallic, ceramic, and composite materials. Its customers include aerospace, energy, transportation, and industrial sector companies. Geographically, it has a presence in Europe; Asia and the Americas. Its products are marketed under brands Berthiez, Bumotec, Droop+Rein, Heckert, Scharmann, SIP, Starrag and TTL.

StarragTornos Group AG Headlines

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