Swiss Prime Site AG (CHIX:SPSNZ) LT-Debt-to-Total-Asset : 0.33 (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Swiss Prime Site 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. Swiss Prime Site AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.33.

Swiss Prime Site AG's long-term debt to total assets ratio declined from Dec. 2023 (0.33) to Dec. 2024 (0.33). It may suggest that Swiss Prime Site AG is progressively becoming less dependent on debt to grow their business.

Swiss Prime Site AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Swiss Prime Site 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.

* Premium members only.

Swiss Prime Site AG LT-Debt-to-Total-Asset Chart

Swiss Prime Site AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.40

0.37

0.33

Swiss Prime Site AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	0.40	0.33	0.35	0.33

Swiss Prime Site AG LT-Debt-to-Total-Asset Calculation

Swiss Prime Site AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	4498.101	/	13841.217
	=	0.32

Swiss Prime Site AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	4498.101	/	13841.217
	=	0.32

Swiss Prime Site AG (CHIX:SPSNz) 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.

Swiss Prime Site AG LT-Debt-to-Total-Asset Related Terms

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

Swiss Prime Site AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Swiss Prime Site AG (CHIX:SPSNz) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0QOG:UK SPSN:Switzerland

Address

Poststrasse 4a, Zug, CHE, 6300

Website

https://www.sps.swiss

Swiss Prime Site AG is a real estate company based in Switzerland. Its segments include: Real Estate, Asset Management, Retail, Corporate and Shared Services. The Real Estate segment consists of the firm's core real estate activities (the purchase, sale, lease, and development of properties) and financing of these activities. Asset Management includes the fund business, asset management, and investment advisory. The Retail segment consists of the operation of department stores, and Corporate and Shared Services include central group functions as well as internal services that are provided centrally. The majority of the revenue is generated from the Real Estate segment.

Swiss Prime Site AG Headlines

No Headlines