TELES AG Informationstechnologien (FRA:TLIK) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2023)

View and export this data going back to 1998. Start your Free Trial

What is TELES AG Informationstechnologien 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. TELES AG Informationstechnologien's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.19.

TELES AG Informationstechnologien's long-term debt to total assets ratio increased from Sep. 2022 (0.10) to Sep. 2023 (0.19). It may suggest that TELES AG Informationstechnologien is progressively becoming more dependent on debt to grow their business.

TELES AG Informationstechnologien LT-Debt-to-Total-Asset Historical Data

The historical data trend for TELES AG Informationstechnologien'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.

TELES AG Informationstechnologien LT-Debt-to-Total-Asset Chart

TELES AG Informationstechnologien Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

TELES AG Informationstechnologien Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	-	0.15	0.19	0.19

TELES AG Informationstechnologien LT-Debt-to-Total-Asset Calculation

TELES AG Informationstechnologien's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0	/	1.78
	=	0.00

TELES AG Informationstechnologien's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	2.484	/	13.198
	=	0.19

TELES AG Informationstechnologien (FRA:TLIK) 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.

TELES AG Informationstechnologien LT-Debt-to-Total-Asset Related Terms

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

TELES AG Informationstechnologien (FRA:TLIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TELES AG Informationstechnologien (FRA:TLIK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TLIK:Germany

Address

Ordensmeisterstr. 15-16, Berlin, DEU, 12099

Website

https://www.teles.com

TELES AG Informationstechnologien is active in the business areas of telecommunications and pharmaceuticals. TELES Carrier Solutions supplies digitization solutions for the development and maintenance of telecommunications networks to national and international carriers. TELES migrates traditional TDM/SDH networks to All-IP networks and offers cloud-based Unified Communication as a Service. TELES Pharma combines the management of large data volumes in the pharmaceutical industry and drug supply. The company continues to actively pursue cooperation and acquisitions both in the software and service area of the telecommunications market and in the expansion field of pharmaceuticals and digitization.

TELES AG Informationstechnologien (FRA:TLIK) Headlines

No Headlines