DEUZF (Deutz AG) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

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What is Deutz 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. Deutz AG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Deutz AG's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.08). It may suggest that Deutz AG is progressively becoming more dependent on debt to grow their business.

Deutz AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Deutz 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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Deutz AG LT-Debt-to-Total-Asset Chart

Deutz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.05

0.04

0.05

0.04

Deutz AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.05	0.08

Deutz AG LT-Debt-to-Total-Asset Calculation

Deutz 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 )
	=	71.865	/	1734.133
	=	0.04

Deutz AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	154.384	/	1922.863
	=	0.08

Deutz AG (OTCPK:DEUZF) 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.

Deutz AG LT-Debt-to-Total-Asset Related Terms

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Deutz AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Deutz AG (OTCPK:DEUZF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

1DEZ:Italy 0E4K:UK DEZ:Germany DEZ:Germany DEZ:Germany DEZ:Germany DEZ:Austria

Address

Ottostrasse 1, Porz-Eil, Cologne, NW, DEU, 51149

Website

https://www.deutz.com

Deutz AG is engaged in the development, production, and sales of drive solutions for off-road applications. The current portfolio of the company ranges from diesel and gas to hybrid and electric to hydrogen-based drives. DEUTZ engines serve construction and agricultural machinery, material handling applications such as forklifts or lifting platforms, commercial and rail vehicles as well as boat applications for private and commercial use. The operating activities of the company are Classic and Green. It generates maximum revenue from the Classic segment. Geographically, it derives a majority of its revenue from the EMEA.