Elvalhalcor (ATH:ELHA) LT-Debt-to-Total-Asset : 0.26 (As of Jun. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Elvalhalcor 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. Elvalhalcor's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.26.

Elvalhalcor's long-term debt to total assets ratio declined from Jun. 2023 (0.30) to Jun. 2024 (0.26). It may suggest that Elvalhalcor is progressively becoming less dependent on debt to grow their business.

Elvalhalcor LT-Debt-to-Total-Asset Historical Data

The historical data trend for Elvalhalcor'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.

Elvalhalcor LT-Debt-to-Total-Asset Chart

Elvalhalcor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.26

0.25

0.30

0.31

0.30

Elvalhalcor Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.31	0.30	0.30	0.26

Elvalhalcor LT-Debt-to-Total-Asset Calculation

Elvalhalcor'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 )
	=	702.353	/	2333.45
	=	0.30

Elvalhalcor's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	629.979	/	2471.015
	=	0.25

Elvalhalcor (ATH:ELHA) 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.

Elvalhalcor LT-Debt-to-Total-Asset Related Terms

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

Elvalhalcor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elvalhalcor SA (ATH:ELHA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HC6A:Germany

Address

2-4 Mesogeion Avenue, Athens Tower, 2nd Building, Athens, GRC, GR-115 27

Website

https://www.elvalhalcor.com

Elvalhalcor SA is a Greece-based company, engaged in the production, processing, and marketing of copper and aluminum products. The company's operating segment includes Copper products and Aluminium products. It generates maximum revenue from the Copper products segment. The company serves Automotive and shipbuilding; Packaging; Energy and power networks; Renewable energy; Industrial applications; Heating, ventilation, air conditioning and refrigeration (HVAC&R), and Building and construction markets. Some of its products include Flat rolled aluminium products and solutions; Aluminium foil and aluminium flexible-packaging materials; Copper tubes with or without plastic coating or industrial insulation and others.

Elvalhalcor Headlines

No Headlines