Wolford AG (LTS:0GJA) LT-Debt-to-Total-Asset : 0.37 (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Wolford 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. Wolford AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.37.

Wolford AG's long-term debt to total assets ratio increased from Jun. 2023 (0.33) to Jun. 2024 (0.37). It may suggest that Wolford AG is progressively becoming more dependent on debt to grow their business.

Wolford AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wolford 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.

* Premium members only.

Wolford AG LT-Debt-to-Total-Asset Chart

Wolford AG Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.32

0.33

Wolford AG Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.33	0.33	0.33	0.37

Wolford AG LT-Debt-to-Total-Asset Calculation

Wolford AG'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 )
	=	42.161	/	128.517
	=	0.33

Wolford AG'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 )
	=	43.59	/	118.041
	=	0.37

Wolford AG (LTS:0GJA) 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.

Wolford AG LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Wolford AG's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Wolford AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wolford AG (LTS:0GJA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WOF:Germany WOL:Austria

Address

Wolfordstrasse 1, Bregenz, AUT, 6900

Website

https://www.wolford.com

Wolford AG is in producing and marketing women's hosiery, clothing, and accessories. Its products include Legwear, Ready-to-wear and Lingerie, Beachwear, Accessories, and Trading goods. Geographically, it operates in the region of Austria, Germany, the Rest of Europe, North America, and Asia. The company generates maximum revenue from Ready-to-wear products.

Wolford AG Headlines

No Headlines