Bilfinger SE (CHIX:GBFD) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Bilfinger SE 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. Bilfinger SE's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Bilfinger SE's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.09). It may suggest that Bilfinger SE is progressively becoming less dependent on debt to grow their business.

Bilfinger SE LT-Debt-to-Total-Asset Historical Data

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

Bilfinger SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.13

0.09

Bilfinger SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.10	0.09	0.09	0.09

Bilfinger SE LT-Debt-to-Total-Asset Calculation

Bilfinger SE'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 )
	=	294.9	/	3357.4
	=	0.09

Bilfinger SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	292.8	/	3126.3
	=	0.09

Bilfinger SE (CHIX:GBFd) 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.

Bilfinger SE LT-Debt-to-Total-Asset Related Terms

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Bilfinger SE (CHIX:GBFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bilfinger SE (CHIX:GBFd) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BFLBY:USA BFLBF:USA 0NRG:UK GBF:Germany

Address

Oskar-Meixner-Street 1, Mannheim, BW, DEU, 68163

Website

https://www.bilfinger.com

Bilfinger SE is an international industrial services provider. It delivers customized engineering and services to customers in the chemical, pharmaceutical, energy, oil, and gas markets. Its product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. Bilfinger has three operating segments: Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies. A majority of the sales are derived from Europe, with Germany being an important region for the company.

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