Vrancart (BSE:VNC) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2024)

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What is Vrancart 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. Vrancart's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.20.

Vrancart's long-term debt to total assets ratio declined from Jun. 2023 (0.22) to Sep. 2024 (0.20). It may suggest that Vrancart is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Vrancart'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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Vrancart LT-Debt-to-Total-Asset Chart

Vrancart Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.21

0.20

0.21

0.26

Vrancart Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.19	0.20	0.22	0.20

Vrancart LT-Debt-to-Total-Asset Calculation

Vrancart's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	180.492	/	688.999
	=	0.26

Vrancart'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 )
	=	176.529	/	869.807
	=	0.20

Vrancart (BSE:VNC) 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.

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

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Vrancart Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Vrancart SA (BSE:VNC) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

17th Ecaterina Teodoroiu Street, Adjud, Vrancea, ROU, 625100

Website

https://www.vrancart.ro

Vrancart SA manufactures corrugated paper, paperboard, hygiene papers-sanitary and containers of paper. Its activity is represented by the manufacturing and trading of the following products namely single-faced corrugated cardboard, double-faced corrugated cardboard, double-double-faced corrugated cardboard, corrugated cardboard with micro-flutes, die-cut and printed corrugated cardboard packaging of various sizes and paperboards in various assortments.

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