Sif Holding NV (FRA:276) LT-Debt-to-Total-Asset : 0.26 (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Sif Holding NV 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. Sif Holding NV's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.26.

Sif Holding NV's long-term debt to total assets ratio increased from Jun. 2023 (0.24) to Jun. 2024 (0.26). It may suggest that Sif Holding NV is progressively becoming more dependent on debt to grow their business.

Sif Holding NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sif Holding NV'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.

Sif Holding NV LT-Debt-to-Total-Asset Chart

Sif Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.32

0.21

0.31

0.28

0.21

Sif Holding NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.28	0.24	0.21	0.26

Sif Holding NV LT-Debt-to-Total-Asset Calculation

Sif Holding NV'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 )
	=	122.801	/	600.02
	=	0.20

Sif Holding NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	164.883	/	626.285
	=	0.26

Sif Holding NV (FRA:276) 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.

Sif Holding NV LT-Debt-to-Total-Asset Related Terms

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

Sif Holding NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sif Holding NV (FRA:276) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SIFG:Netherlands 0RHT:UK

Address

Mijnheerkensweg 33, P.O. Box 522, Roermond, NLD, 6040 AM

Website

https://www.sif-group.com

Sif Holding NV is engaged in the manufacturing of metal structures, parts of metal structures, pipes, pipe structures, components for the offshore industry, and foundation piles for offshore wind farms. The company's operating segment includes Wind; Marshalling and others. It generates maximum revenue from the Wind segment. The wind segment produces and delivers monopiles, transition pieces, or other foundation components for the offshore wind industry. The marshalling segment includes renting-out of the logistical area and facilities and the delivery of logistical services to customers, mainly in the off-shore wind industry. Geographically, it derives a majority of its revenue from the Netherlands.

Sif Holding NV Headlines

No Headlines