Daios Plastic (ATH:DAIOS) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Daios Plastic 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. Daios Plastic's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.34.

Daios Plastic's long-term debt to total assets ratio declined from Dec. 2022 (0.39) to Dec. 2023 (0.34). It may suggest that Daios Plastic is progressively becoming less dependent on debt to grow their business.

Daios Plastic LT-Debt-to-Total-Asset Historical Data

The historical data trend for Daios Plastic'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.

* Premium members only.

Daios Plastic LT-Debt-to-Total-Asset Chart

Daios Plastic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.53

0.56

0.49

0.39

0.34

Daios Plastic Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.49	0.46	0.39	0.38	0.34

Daios Plastic LT-Debt-to-Total-Asset Calculation

Daios Plastic's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	58.805	/	175.61
	=	0.33

Daios Plastic's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	58.805	/	175.61
	=	0.33

Daios Plastic (ATH:DAIOS) 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.

Daios Plastic LT-Debt-to-Total-Asset Related Terms

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

Daios Plastic (ATH:DAIOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Daios Plastic SA (ATH:DAIOS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

12th klm Veroia, Naousa, GRC, 59200

Website

http://www.daiosplastics.com

Daios Plastic SA manufactures and supplies plastic sheeting and polythene pipes for agricultural purposes. The company's products include Soft Fruit Protection/Safe-D, Greenhouse films, Special Films for Greenhouses, Asparagus films, Low-tunnels and Mulch films.

Daios Plastic (ATH:DAIOS) Headlines

No Headlines