HolidayCheck Group AG (LTS:0G8Z) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2021)

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What is HolidayCheck Group AG 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. HolidayCheck Group AG's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.11.

HolidayCheck Group AG's long-term debt to total assets ratio declined from Sep. 2020 (0.13) to Sep. 2021 (0.11). It may suggest that HolidayCheck Group AG is progressively becoming less dependent on debt to grow their business.

HolidayCheck Group AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for HolidayCheck Group AG'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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HolidayCheck Group AG LT-Debt-to-Total-Asset Chart

HolidayCheck Group AG Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.04

0.14

HolidayCheck Group AG Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.14	0.12	0.11	0.11

HolidayCheck Group AG LT-Debt-to-Total-Asset Calculation

HolidayCheck Group AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	19.214	/	134.029
	=	0.14

HolidayCheck Group AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )	/	Total Assets (Q: Sep. 2021 )
	=	18.317	/	169.645
	=	0.11

HolidayCheck Group AG (LTS:0G8Z) 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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HolidayCheck Group AG (LTS:0G8Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » HolidayCheck Group AG (LTS:0G8Z) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Neumarkter Strasse 61, Munich, DEU, 81673

Website

https://www.holidaycheckgroup.com

HolidayCheck Group AG is a European digital company for holidaymakers. Its business activities include the operation of hotel rating and travel booking portals and rental car portal. Its core sales markets for the web portals are Australia, Belgium, Germany, the Netherlands, Poland, and Switzerland. It derives revenue in the form of brokerage on travel and hotel booking and online advertising.

HolidayCheck Group AG (LTS:0G8Z) Headlines

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