Banijay Group NV (FRA:W320) LT-Debt-to-Total-Asset : 0.44 (As of Jun. 2024)

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What is Banijay Group 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. Banijay Group NV's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.44.

Banijay Group NV's long-term debt to total assets ratio declined from Jun. 2023 (0.50) to Jun. 2024 (0.44). It may suggest that Banijay Group NV is progressively becoming less dependent on debt to grow their business.

Banijay Group NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banijay Group 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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Banijay Group NV LT-Debt-to-Total-Asset Chart

Banijay Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.35

0.56

0.52

0.46

0.47

Banijay Group NV Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.50	0.47	0.47	0.47	0.44

Banijay Group NV LT-Debt-to-Total-Asset Calculation

Banijay Group 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 )
	=	2690	/	5733
	=	0.47

Banijay Group NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2565.5	/	5844
	=	0.44

Banijay Group NV (FRA:W320) 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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Banijay Group NV Business Description

Industry

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Traded in Other Exchanges

BNJ:Netherlands

Address

5 Rue Francois 1er, Paris, ITA, 75008

Website

https://www.flentertainment.com

FL Entertainment NV is an independent content production and fastest-growing online sports betting platform in Europe through its Banijay and Betclic Everest Group businesses. Banijay produces both scripted and non-scripted content across all genres, including reality shows, entertainment and talk shows, game shows, factual entertainment, documentary, drama, animation and comedy. Betclic Everest Group operates an online sports betting platform in Europe.

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