Gabriel Holding AS (FRA:1GH) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

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

Gabriel Holding AS's long-term debt to total assets ratio declined from Sep. 2023 (0.09) to Sep. 2024 (0.08). It may suggest that Gabriel Holding AS is progressively becoming less dependent on debt to grow their business.

Gabriel Holding AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gabriel Holding AS'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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Gabriel Holding AS LT-Debt-to-Total-Asset Chart

Gabriel Holding AS Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.14

0.12

0.08

0.09

0.08

Gabriel Holding AS 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															0.09	0.09	0.08	0.10	0.08

Gabriel Holding AS LT-Debt-to-Total-Asset Calculation

Gabriel Holding AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	8.2	/	104.238
	=	0.08

Gabriel Holding AS'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 )
	=	8.2	/	104.238
	=	0.08

Gabriel Holding AS (FRA:1GH) 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.

Gabriel Holding AS LT-Debt-to-Total-Asset Related Terms

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Gabriel Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gabriel Holding AS (FRA:1GH) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

GABR:Denmark

Address

Hjulmagervej 55, Aalborg, DNK, 9000

Website

https://www.gabriel.dk

Gabriel Holding AS is a Denmark-based company that manufactures and sells furniture fabrics of pure wool and microfibers, upholstery fabrics, components, upholstered Surfaces and related products and services. It focuses on business areas that are Fabrics, FurnMaster, SampleMaster and others. Fabrics develop a wide range of furniture products; FurnMaster offers logistics solutions, cutting, sewing and assembly of furniture screens; and SampleMaster designs and produces boxes, hangers, catalogs, colour cards and other kind of promotional presentation materials. It provides a full palette of solutions and services for the international furniture industry, including fabrics, furniture and components, customised sample solutions, acoustic comfort, and knitting and embellishment services.

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