Kri-Kri Milk Industry (ATH:KRI) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Kri-Kri Milk Industry 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. Kri-Kri Milk Industry's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Kri-Kri Milk Industry's long-term debt to total assets ratio declined from Sep. 2023 (0.07) to Sep. 2024 (0.03). It may suggest that Kri-Kri Milk Industry is progressively becoming less dependent on debt to grow their business.

Kri-Kri Milk Industry LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kri-Kri Milk Industry'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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Kri-Kri Milk Industry LT-Debt-to-Total-Asset Chart

Kri-Kri Milk Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.08

0.06

0.07

Kri-Kri Milk Industry Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.03	0.03	0.03

Kri-Kri Milk Industry LT-Debt-to-Total-Asset Calculation

Kri-Kri Milk Industry'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 )
	=	10.606	/	160.497
	=	0.07

Kri-Kri Milk Industry's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	4.597	/	185.217
	=	0.02

Kri-Kri Milk Industry (ATH:KRI) 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.

Kri-Kri Milk Industry LT-Debt-to-Total-Asset Related Terms

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Kri-Kri Milk Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kri-Kri Milk Industry SA (ATH:KRI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AO2:Germany

Address

3rd km of the National Road Serres - Drama, Serres, GRC, 62125

Website

https://www.krikri.gr

Kri-Kri Milk Industry SA is engaged in the production of dairy products. Its products include yogurt, ice cream, Gluten-free, and milk. The company's segments are classified into Ice-cream- Greece and other Countries and Dairy-Yogurt- Greece and other Countries. The majority of the revenue is generated from the Dairy-Yogurt segment and geographically from Greece.

Kri-Kri Milk Industry Headlines

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