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Aramis Group (LTS:0AAA) LT-Debt-to-Total-Asset : 0.22 (As of Sep. 2024)


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What is Aramis Group 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. Aramis Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.22.

Aramis Group's long-term debt to total assets ratio increased from Sep. 2023 (0.19) to Sep. 2024 (0.22). It may suggest that Aramis Group is progressively becoming more dependent on debt to grow their business.

Aramis Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aramis Group'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.

Aramis Group LT-Debt-to-Total-Asset Chart

Aramis Group Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.26 0.10 0.13 0.19 0.22

Aramis Group Semi-Annual Data
Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.18 0.19 0.19 0.22

Aramis Group LT-Debt-to-Total-Asset Calculation

Aramis Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )/Total Assets (A: Sep. 2024 )
=130.904/608.795
=0.22

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

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=130.904/608.795
=0.22

* 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.

Aramis Group  (LTS:0AAA) 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.

Aramis Group LT-Debt-to-Total-Asset Related Terms

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Aramis Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aramis Group SA (LTS:0AAA) » Definitions » LT-Debt-to-Total-Asset
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XPAR:ALPAR TPE:2207 PAG KMX XBRU:DIE LAD AN HKSE:00881 TSE:4732 ABG GPI LSE:INCH RUSHA CVNA ACVA ASX:APE SHSE:600297 CARG DRVN IST:DOAS
Traded in Other Exchanges
ARAMI:France 6T6:Germany
Address
23 Avenue Aristide Briand, Arcueil, FRA, 94110
Website
https://www.aramis.group
Aramis Group SA is engaged in the online sales of used cars to private individuals in France, Belgium, Spain, United Kingdom, Austria and Italy. The principal business segments of the company are online vehicle distribution and the development of automotive services. It offers customers a wide range of automotive products and services in a seamless, intuitive, and immersive sales and purchasing experience, which can take place both fully online and fully offline through a network of customer centers. The company comprises of six brands: Aramisauto, Cardoen, Clicars, CarSupermarket, Brumbrum and Onlinecars.

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