elexxion AG (FRA:E8X) LT-Debt-to-Total-Asset: 0.87 (As of Dec. 2023)

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FRA:E8X elexxion AG FRA:E8X
16 GF Score
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What is elexxion AG LT-Debt-to-Total-Asset?

elexxion AG FRA:E8X -15.26% 16 LT-Debt-to-Total-Asset is 0.87 as of Dec. 2023. GuruFocus rates FRA:E8X with a GF Score™ of 16/100.

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. elexxion AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.87.

elexxion AG's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Dec. 2023 (0.87). It may suggest that elexxion AG is progressively becoming more dependent on debt to grow their business.

elexxion AG  (FRA:E8X) 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.

elexxion AG LT-Debt-to-Total-Asset Related Terms

elexxion AG LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for elexxion 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.

elexxion AG LT-Debt-to-Total-Asset Chart

elexxion AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.94 0.91 0.89 0.87

elexxion AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.91 0.00 0.89 0.87
FRA:E8X
16GF Score
elexxion AG FRA:E8X
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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elexxion AG LT-Debt-to-Total-Asset Calculation

elexxion AG'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 )
=4.597/5.288
=0.87

elexxion 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 )
=4.597/5.288
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.87 mean?
elexxion AG (FRA:E8X) has a LT-Debt-to-Total-Asset of 0.87 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on elexxion AG and its competitors.
Is elexxion AG's LT-Debt-to-Total-Asset too high?
elexxion AG's current LT-Debt-to-Total-Asset is 0.87. Overall, elexxion AG has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does elexxion AG's LT-Debt-to-Total-Asset compare to ABT and SYK?
elexxion AG's LT-Debt-to-Total-Asset of 0.87 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Medical Devices & Instruments company?
A good LT-Debt-to-Total-Asset depends on the Medical Devices & Instruments industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on elexxion AG and its competitors. elexxion AG's current LT-Debt-to-Total-Asset is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is elexxion AG stock overvalued right now?
elexxion AG (FRA:E8X) has a current LT-Debt-to-Total-Asset of 0.87. The current LT-Debt-to-Total-Asset is 0.87. elexxion AG's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For elexxion AG (FRA:E8X), the current LT-Debt-to-Total-Asset is 0.87 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

elexxion AG Business Description

Address Otto-Hahn-Strasse 7, Singen, DEU, 78224
elexxion AG is involved in the development of dental equipment in Germany. The company develops laser technology and dental lasers for dental practitioners. Its products include elexxion pico, elexxion nano, perio green, elexxion pico lite perio green, and others.
16GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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