VGP (FRA:4V1) LT-Debt-to-Total-Asset : 0.43 (As of Jun. 2024)

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What is VGP 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. VGP's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.43.

VGP's long-term debt to total assets ratio increased from Jun. 2023 (0.42) to Jun. 2024 (0.43). It may suggest that VGP is progressively becoming more dependent on debt to grow their business.

VGP LT-Debt-to-Total-Asset Historical Data

The historical data trend for VGP'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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VGP LT-Debt-to-Total-Asset Chart

VGP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.47

0.34

0.35

0.41

0.43

VGP 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															0.45	0.41	0.42	0.43	0.43

VGP LT-Debt-to-Total-Asset Calculation

VGP'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 )
	=	1885.154	/	4410.704
	=	0.43

VGP'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 )
	=	1941.443	/	4563.389
	=	0.43

VGP (FRA:4V1) 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.

VGP LT-Debt-to-Total-Asset Related Terms

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VGP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » VGP SA (FRA:4V1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VGPBF:USA VGPb:UK 0HM0:UK VGP:Belgium

Address

Generaal Lemanstraat 55 Bus 4, B-2018 ANTWERP, Antwerp, BEL, B-2018

Website

https://www.vgpparks.eu

VGP SA is a real estate company. The company through its subsidiaries designs, constructs, and leases out logistics complexes and semi-industrial parks. Its business line includes Investment business, Property Development, and Property and asset management. The company derives the maximum rental income from the investment business. Geographically, it has a presence in Germany, Spain, Austria, the Czech Republic, Slovakia, Hungary, Latvia, and Romania.

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