Austriacard Holdings AG (ATH:ACAG) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2024)

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What is Austriacard Holdings 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. Austriacard Holdings AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.31.

Austriacard Holdings AG's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.31). It may suggest that Austriacard Holdings AG is progressively becoming less dependent on debt to grow their business.

Austriacard Holdings AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Austriacard Holdings 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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Austriacard Holdings AG LT-Debt-to-Total-Asset Chart

Austriacard Holdings AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.28

0.34

0.26

0.32

0.31

Austriacard Holdings AG Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.26	0.25	0.32	0.32	0.31

Austriacard Holdings AG LT-Debt-to-Total-Asset Calculation

Austriacard Holdings AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	101.261	/	331.593
	=	0.31

Austriacard Holdings AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	101.261	/	331.593
	=	0.31

Austriacard Holdings AG (ATH:ACAG) 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.

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Austriacard Holdings AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Austriacard Holdings AG (ATH:ACAG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ACQ0:Germany ACAG:Austria

Address

Lamezanstrasse 4-8, Vienna, AUT, 1230

Website

https://www.austriacard.com

Austriacard Holdings AG is a B2B (business-to-business) provider of secure data solutions mainly in Europe, with market share in many European countries. It engages in the business areas of Digital Security and Information Management. The Digital Security division provides end-to-end secure data solutions and offers personalization services and products for the sensitive areas of financial institutions, government, the public sector, transportation as well as industry & retail. The information management division provides products and services for secure document and information management, as well as specialized solutions for the digital transformation of businesses and organizations under the brand INFORM.

Executives

Jon Neeraas	Board of Directors
Nikolaos Lykos	Board of Directors

Austriacard Holdings AG Headlines

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