Corbion NV (FRA:CSUA) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2023)

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What is Corbion 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. Corbion NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.25.

Corbion NV's long-term debt to total assets ratio declined from Dec. 2022 (0.26) to Dec. 2023 (0.25). It may suggest that Corbion NV is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Corbion 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.

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

Corbion NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.27

0.31

0.26

0.25

Corbion NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.28	0.26	0.25	0.25

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

Corbion 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 )
	=	417	/	1686.8
	=	0.25

Corbion NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	417	/	1686.8
	=	0.25

Corbion NV (FRA:CSUA) 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.

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

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Corbion NV (FRA:CSUA) Business Description

Industry

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

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Traded in Other Exchanges

CSNVY:USA CSNVF:USA CRBN:Netherlands 0QHL:UK

Address

Piet Heinkade 127, Amsterdam, NH, NLD, 1019 GM

Website

https://www.corbion.com

Corbion NV is a Netherlands-based company that produces food ingredients and biobased chemicals. The company's operating segment includes Sustainable Food Solutions; Lactic Acid and Specialties; Algae Ingredients; Incubator and Core. It generates maximum revenue from the Sustainable Food Solutions segment. Geographically, it derives a majority of its revenue from the US.

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