B+S Banksysteme AG (FRA:DTD2) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

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What is B+S Banksysteme AG 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. B+S Banksysteme AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

B+S Banksysteme AG's long-term debt to total assets ratio declined from Dec. 2022 (0.20) to Dec. 2023 (0.19). It may suggest that B+S Banksysteme AG is progressively becoming less dependent on debt to grow their business.

B+S Banksysteme AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for B+S Banksysteme AG'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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B+S Banksysteme AG LT-Debt-to-Total-Asset Chart

B+S Banksysteme AG Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.18

0.26

0.24

0.22

0.21

B+S Banksysteme AG 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															0.22	0.22	0.20	0.21	0.19

B+S Banksysteme AG LT-Debt-to-Total-Asset Calculation

B+S Banksysteme AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	5.38	/	25.087
	=	0.21

B+S Banksysteme AG'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 )
	=	4.605	/	24.919
	=	0.18

B+S Banksysteme AG (FRA:DTD2) 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.

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B+S Banksysteme AG (FRA:DTD2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » B+S Banksysteme AG (FRA:DTD2) » Definitions » LT-Debt-to-Total-Asset

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DTD2:Germany

Address

Elsenheimerstrasse 45, Munich, BY, DEU, 80687

Website

https://www.bs-ag.com

B+S Banksysteme AG develops and markets software solutions for the completion of financial transactions with banks, savings banks, and industrial enterprises. It is engaged in the creation and development of its own programs for data processing, duplication, licensing, and distribution as well as consulting for companies. The company's headquarters have been in Munich with further locations in Austria (Salzburg) and Switzerland (Canton Bern).

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