Schweizer Electronic AG (CHIX:SCED) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

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What is Schweizer Electronic AG 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. Schweizer Electronic AG's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

Schweizer Electronic AG's long-term debt to total assets ratio increased from Mar. 2023 (0.15) to Mar. 2024 (0.19). It may suggest that Schweizer Electronic AG is progressively becoming more dependent on debt to grow their business.

Schweizer Electronic AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Schweizer Electronic AG'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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Schweizer Electronic AG LT-Debt-to-Total-Asset Chart

Schweizer Electronic AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.29

0.41

0.45

0.15

0.20

Schweizer Electronic AG 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															0.15	0.21	0.21	0.20	0.19

Schweizer Electronic AG LT-Debt-to-Total-Asset Calculation

Schweizer Electronic AG'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 )
	=	21.7	/	106.12
	=	0.20

Schweizer Electronic AG'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 )
	=	21.063	/	108.53
	=	0.19

Schweizer Electronic AG (CHIX:SCEd) 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.

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Schweizer Electronic AG (CHIX:SCED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Schweizer Electronic AG (CHIX:SCEd) » Definitions » LT-Debt-to-Total-Asset

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SCE:Germany

Address

Einsteinstrasse 10, Schramberg, DEU, 78713

Website

http://www.schweizer.ag

Schweizer Electronic AG is engaged in the manufacture of printed circuit boards and the provision of solutions for automotive, industrial, and aviation electronics. The company's products are used in automotive, solar, aviation, and general industries. Its only business segment is the Electronic segment. The product line of the company consists of metallised circuits, non-metallised circuits, multilayer and high density interconnect, and others. Its multilayer and high density interconnect generates maximum revenue for the company. Geographically the company exports its products to Europe, America, Asia, and Other countries of which Germany derives a majority of revenue to the company.

Schweizer Electronic AG (CHIX:SCED) Headlines

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