Colt CZ Group SE (FRA:6QS) LT-Debt-to-Total-Asset : 0.41 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Colt CZ Group SE 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. Colt CZ Group SE's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.41.

Colt CZ Group SE's long-term debt to total assets ratio increased from Mar. 2023 (0.35) to Jun. 2024 (0.41). It may suggest that Colt CZ Group SE is progressively becoming more dependent on debt to grow their business.

Colt CZ Group SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Colt CZ Group SE'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.

Colt CZ Group SE LT-Debt-to-Total-Asset Chart

Colt CZ Group SE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.31

0.27

0.29

0.36

0.35

Colt CZ Group SE Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.41	0.41	0.35	0.41

Colt CZ Group SE LT-Debt-to-Total-Asset Calculation

Colt CZ Group SE'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 )
	=	371.929	/	1061.402
	=	0.35

Colt CZ Group SE'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 )
	=	766.396	/	1884.142
	=

Colt CZ Group SE (FRA:6QS) 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.

Colt CZ Group SE LT-Debt-to-Total-Asset Related Terms

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

Colt CZ Group SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Colt CZ Group SE (FRA:6QS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CZGZF:USA CZG:Czech Republic

Address

Opletalova 1284/37, Praha 1, Nove Mesto, Prague, CZE, 110 00

Website

https://www.coltczgroup.com

Colt CZ Group SE is engaged in the defense sector. The company is a producer of small firearms, firearms tactical accessories and ammunition for military and law enforcement, personal defense, hunting, sport shooting, and other commercial uses.

Colt CZ Group SE Headlines

No Headlines