ALD (XPAR:ALD) Debt-to-Asset : 0.54 (As of Dec. 2023)

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What is ALD Debt-to-Asset?

ALD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10,286 Mil. ALD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €27,593 Mil. ALD's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €70,261 Mil. ALD's debt to asset for the quarter that ended in Dec. 2023 was 0.54.

ALD Debt-to-Asset Historical Data

The historical data trend for ALD'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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ALD Debt-to-Asset Chart

ALD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.72

0.71

0.69

0.64

0.54

ALD Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial													0.69	0.68	0.64	0.53	0.54

Competitive Comparison of ALD's Debt-to-Asset

For the Rental & Leasing Services subindustry, ALD'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.

ALD's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ALD's Debt-to-Asset distribution charts can be found below:

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

ALD Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

ALD'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
	=	(10286	+	27592.8)	/	70261.1
	=	0.54

ALD's Debt-to-Asset for the quarter 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
	=	(10286	+	27592.8)	/	70261.1
	=	0.54

ALD (XPAR:ALD) 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.

ALD Debt-to-Asset Related Terms

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

ALD (XPAR:ALD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ALD SA (XPAR:ALD) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

0RSP:UK 3AL:Germany

Address

1-3 Rue Eugene et Armand Peugeot, Le Corosa, Rueil-Malmaison, FRA, 92500

Website

https://www.aldautomotive.com

ALD SA is a full-service leasing and fleet management group. It provides financing and management services through two principal product offerings. These two offerings are full-service leasing and fleet management. The group also provides insurance services. It provides clients with motor third-party liability, material damage insurance as well as theft and passenger insurance. The company has operational footprints across Western Europe, Nordic, Continental and Eastern Europe and Latin America, Africa, Asia, and the Rest of the world.

ALD (XPAR:ALD) Headlines

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