Azelis Group NV (Azelis Group NV) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Azelis Group NV 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. Azelis Group NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.30.

Azelis Group NV's long-term debt to total assets ratio increased from Dec. 2022 (0.25) to Dec. 2023 (0.30). It may suggest that Azelis Group NV is progressively becoming more dependent on debt to grow their business.

Azelis Group NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Azelis Group NV'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.

Azelis Group NV LT-Debt-to-Total-Asset Chart

Azelis Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.39

0.40

0.23

0.25

0.30

Azelis Group NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.23	0.26	0.25	0.29	0.30

Azelis Group NV LT-Debt-to-Total-Asset Calculation

Azelis Group NV'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 )
	=	1800.415	/	6076.585
	=	0.30

Azelis Group NV'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 )
	=	1800.415	/	6076.585
	=	0.30

Azelis Group NV (OTCPK:AZLGF) 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.

Azelis Group NV LT-Debt-to-Total-Asset Related Terms

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

Azelis Group NV (Azelis Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Azelis Group NV (OTCPK:AZLGF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AZEb:UK 2R7:Germany AZE:Belgium

Address

Posthofbrug 12, Box 6, Antwerp, BEL, B-2600

Website

https://www.azelis.com

Azelis Group NV is a innovation service provider for the specialty chemicals and food ingredients industry. The company has its business operating segments namely Life Sciences and Industrial chemicals. Geographically, the company has its presence in EMEA, Americas and Asia Pacific.

Azelis Group NV (Azelis Group NV) Headlines

From GuruFocus

CP Kelco Announces Expansion of Distribution Relationship with Azelis in EMEA Region

By PRNewswire PRNewswire • 10-28-2021