Groupe Guillin (LTS:0D1X) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2024)

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What is Groupe Guillin 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. Groupe Guillin's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.08.

Groupe Guillin's long-term debt to total assets ratio declined from Jun. 2023 (0.12) to Jun. 2024 (0.08). It may suggest that Groupe Guillin is progressively becoming less dependent on debt to grow their business.

Groupe Guillin LT-Debt-to-Total-Asset Historical Data

The historical data trend for Groupe Guillin'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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Groupe Guillin LT-Debt-to-Total-Asset Chart

Groupe Guillin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.12

0.15

0.13

0.11

Groupe Guillin Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.12	0.11	0.08

Groupe Guillin LT-Debt-to-Total-Asset Calculation

Groupe Guillin'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 )
	=	100.439	/	920.828
	=	0.11

Groupe Guillin'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 )
	=	78.644	/	945.529
	=	0.08

Groupe Guillin (LTS:0D1X) 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.

Groupe Guillin LT-Debt-to-Total-Asset Related Terms

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Groupe Guillin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Groupe Guillin SA (LTS:0D1X) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ALGIL:France ZUY:Germany

Address

Avenue Marechal de Lattre de Tassigny, P.O Box 97, Ornans, FRA, 25290

Website

http://www.groupeguillin.com

Groupe Guillin SA is a European company. It is engaged in producing and selling of plastic packages. The company's product offering includes trays, catering containers, cake, and pastry containers and thermoforming sheets. The firm serves the catering industry, meat and food industry, and fruit and vegetable producers and packers.

Groupe Guillin Headlines

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