Confluent (FRA:8QR) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2024)

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What is Confluent 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. Confluent's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.41.

Confluent's long-term debt to total assets ratio declined from Dec. 2023 (0.45) to Dec. 2024 (0.41). It may suggest that Confluent is progressively becoming less dependent on debt to grow their business.

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

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

Confluent Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.08

0.48

0.47

0.45

0.41

Confluent Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.45	0.45	0.44	0.42	0.41

Confluent LT-Debt-to-Total-Asset Calculation

Confluent's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1051.729	/	2573.64
	=	0.41

Confluent's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1051.729	/	2573.64
	=	0.41

Confluent (FRA:8QR) 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.

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

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Confluent Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Confluent Inc (FRA:8QR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CFLT:USA 8QR:Germany

Address

899 West Evelyn Avenue, Mountain View, CA, USA, 94041

Website

https://www.confluent.io

Confluent Inc provides a data streaming platform that enables customers to connect their applications, systems, and data layers and can be deployed as a fully managed cloud-native software-as-a-service (SaaS) offering. Its products include Confluent Cloud, a self-managed software offering, Confluent Platform, a managed service offering where the raw data resides inside a customer's cloud environment, and WarpStream, among others. Confluent also offers professional services and education services. The company generates revenue from the sale of subscriptions and services. Geographically, it generates a majority of its revenue from its business in the United States and the rest from International markets.

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