Aramis Group (CHIX:ARAMIP) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2023)

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What is Aramis Group 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. Aramis Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.15.

Aramis Group's long-term debt to total assets ratio increased from Sep. 2022 (0.13) to Sep. 2023 (0.15). It may suggest that Aramis Group is progressively becoming more dependent on debt to grow their business.

Aramis Group LT-Debt-to-Total-Asset Historical Data

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

Aramis Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.18

0.14

0.10

0.13

0.15

Aramis Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.09	0.13	0.13	0.15	-

Aramis Group LT-Debt-to-Total-Asset Calculation

Aramis Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	89.137	/	613.717
	=	0.15

Aramis Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	89.137	/	613.717
	=	0.15

Aramis Group (CHIX:ARAMIp) 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.

Aramis Group LT-Debt-to-Total-Asset Related Terms

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Aramis Group (CHIX:ARAMIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aramis Group SA (CHIX:ARAMIp) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0AAA:UK ARAMI:France 6T6:Germany

Address

23 Avenue Aristide Briand, Arcueil, FRA, 94110

Website

https://www.aramis.group

Aramis Group SA is engaged in the online sales of used cars to private individuals in France, Belgium, Spain, and the United Kingdom. The principal business segments of the company are online vehicle distribution and the development of automotive services. It offers customers a wide range of automotive products and services in a seamless, intuitive, and immersive sales and purchasing experience, which can take place both fully online and fully offline through a network of customer centers. The company comprises four brands: Aramisauto, Cardoen, Clicars, and CarSupermarket, based in France, Belgium, Spain, and the United Kingdom, respectively.

Aramis Group (CHIX:ARAMIP) Headlines

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