Codere Online Luxembourg (Codere Online Luxembourg) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2023)

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

What is Codere Online Luxembourg 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. Codere Online Luxembourg's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.00.

Codere Online Luxembourg's long-term debt to total assets ratio stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

Codere Online Luxembourg LT-Debt-to-Total-Asset Historical Data

The historical data trend for Codere Online Luxembourg'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.

Codere Online Luxembourg LT-Debt-to-Total-Asset Chart

Codere Online Luxembourg Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.38

0.49

1.16

0.01

Codere Online Luxembourg Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	0.01	-

Codere Online Luxembourg LT-Debt-to-Total-Asset Calculation

Codere Online Luxembourg'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 )
	=	0.752	/	73.419
	=	0.01

Codere Online Luxembourg's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	0	/	70.52
	=	0.00

Codere Online Luxembourg (NAS:CDRO) 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.

Codere Online Luxembourg LT-Debt-to-Total-Asset Related Terms

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

Codere Online Luxembourg (Codere Online Luxembourg) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Codere Online Luxembourg SA (NAS:CDRO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CDRO:Mexico

Address

7 rue Robert Stumper, Luxembourg, LUX, L-2557

Website

http://www.codereonline.com

Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Italy, Mexico, Colombia, Panama and in the City of Buenos Aires where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls and gambling establishments, such as slot machines, table games and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. If the user wins, it pays out the bet. If the user loses, it keeps the amount wagered.

Codere Online Luxembourg (Codere Online Luxembourg) Headlines

From GuruFocus

Codere Online Begins Operations in the City of Buenos Aires

By GlobeNewswire GlobeNewswire • 12-09-2021

Codere Online Begins Operations in the City of Buenos Aires

By GuruFocusNews GuruFocusNews • 12-09-2021