Avantium NV (FRA:27V) LT-Debt-to-Total-Asset : 0.42 (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Avantium 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. Avantium NV's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.42.

Avantium NV's long-term debt to total assets ratio increased from Jun. 2023 (0.30) to Jun. 2024 (0.42). It may suggest that Avantium NV is progressively becoming more dependent on debt to grow their business.

Avantium NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Avantium 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.

Avantium NV LT-Debt-to-Total-Asset Chart

Avantium 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

0.10

0.11

0.12

0.14

0.47

Avantium NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	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															0.06	0.14	0.30	0.47	0.42

Avantium NV LT-Debt-to-Total-Asset Calculation

Avantium 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 )
	=	106.706	/	228.487
	=	0.47

Avantium 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 )
	=	113.017	/	270.49
	=	0.42

Avantium NV (FRA:27V) 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.

Avantium NV LT-Debt-to-Total-Asset Related Terms

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

Avantium NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avantium NV (FRA:27V) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AVTXF:USA AVTX:Netherlands 0RNP:UK 27V:Germany

Address

Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV

Website

https://www.avantium.com

Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of catalyst testing technology. The company operates through segments: R&D Solutions, Renewable Chemistries, and Renewable Polymer segments. The company generates the majority of its revenue from the R&D Solutions segment.

Avantium NV Headlines

No Headlines