Linus Digital Finance AG (FRA:LDF) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

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

What is Linus Digital Finance 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. Linus Digital Finance AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

Linus Digital Finance AG's long-term debt to total assets ratio increased from Dec. 2022 (0.05) to Dec. 2023 (0.05). It may suggest that Linus Digital Finance AG is progressively becoming more dependent on debt to grow their business.

Linus Digital Finance AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Linus Digital Finance 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.

* Premium members only.

Linus Digital Finance AG LT-Debt-to-Total-Asset Chart

Linus Digital Finance AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.03

0.05

Linus Digital Finance AG Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.03	0.05	0.05	0.05	0.05

Linus Digital Finance AG LT-Debt-to-Total-Asset Calculation

Linus Digital Finance 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 )
	=	6.123	/	112.352
	=	0.05

Linus Digital Finance 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 )
	=	6.123	/	112.352
	=	0.05

Linus Digital Finance AG (FRA:LDF) 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.

Linus Digital Finance AG LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Linus Digital Finance AG's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Linus Digital Finance AG (FRA:LDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Linus Digital Finance AG (FRA:LDF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LDF:Germany

Address

Alexanderstrasse 7, Berlin, DEU, 10178

Website

https://www.linus-finance.com

Linus Digital Finance AG is engaged in the development and management of financing solutions for real estate projects. Its digital platform gives professional and semi-professional investors access to curated real estate investments. The company's operating segment includes Linus Corporate and Linus Funds. It generates maximum revenue from the Linus Corporate segment.

Linus Digital Finance AG (FRA:LDF) Headlines

No Headlines