LM Pay Spolka Akcyjna (FRA:Y00) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2021)

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What is LM Pay Spolka Akcyjna 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. LM Pay Spolka Akcyjna's long-term debt to total assests ratio for the quarter that ended in Dec. 2021 was 0.18.

LM Pay Spolka Akcyjna's long-term debt to total assets ratio declined from Mar. 2020 (0.47) to Dec. 2021 (0.18). It may suggest that LM Pay Spolka Akcyjna is progressively becoming less dependent on debt to grow their business.

LM Pay Spolka Akcyjna LT-Debt-to-Total-Asset Historical Data

The historical data trend for LM Pay Spolka Akcyjna'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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LM Pay Spolka Akcyjna LT-Debt-to-Total-Asset Chart

LM Pay Spolka Akcyjna Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

0.32

0.52

0.69

0.18

LM Pay Spolka Akcyjna Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Dec21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.47	0.58	0.66	0.69	0.18

LM Pay Spolka Akcyjna LT-Debt-to-Total-Asset Calculation

LM Pay Spolka Akcyjna's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	4.811	/	27.037
	=	0.18

LM Pay Spolka Akcyjna's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (Q: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2021 )	/	Total Assets (Q: Dec. 2021 )
	=	4.811	/	27.037
	=

LM Pay Spolka Akcyjna (FRA:Y00) 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.

LM Pay Spolka Akcyjna LT-Debt-to-Total-Asset Related Terms

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LM Pay Spolka Akcyjna (FRA:Y00) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LM Pay Spolka Akcyjna (FRA:Y00) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Lechicka 23a, Warsaw, POL, 02-156

Website

https://www.mediraty.pl

LM Pay Spolka Akcyjna is a company provides financing of medical services. The company's priorities are ensuring full data security, reliable credit risk assessment that protects patient finances.

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