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Wustenrot & Wurttembergische AG (LTS:0GJN) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)


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What is Wustenrot & Wurttembergische 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. Wustenrot & Wurttembergische AG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Wustenrot & Wurttembergische AG's long-term debt to total assets ratio declined from Sep. 2023 (0.08) to Sep. 2024 (0.07). It may suggest that Wustenrot & Wurttembergische AG is progressively becoming less dependent on debt to grow their business.

Wustenrot & Wurttembergische AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wustenrot & Wurttembergische 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.

Wustenrot & Wurttembergische AG LT-Debt-to-Total-Asset Chart

Wustenrot & Wurttembergische AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.06 0.08 0.08

Wustenrot & Wurttembergische AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.08 0.08 0.07

Wustenrot & Wurttembergische AG LT-Debt-to-Total-Asset Calculation

Wustenrot & Wurttembergische 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 )
=5754.924/68680.752
=0.08

Wustenrot & Wurttembergische AG'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 )
=4967/72698
=0.07

* 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.

Wustenrot & Wurttembergische AG  (LTS:0GJN) 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.

Wustenrot & Wurttembergische AG LT-Debt-to-Total-Asset Related Terms

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Wustenrot & Wurttembergische AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Wustenrot & Wurttembergische AG (LTS:0GJN) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
WUW:Germany
Address
W&W-Platz 1, Kornwestheim, BW, DEU, 70806
Website
https://www.ww-ag.com
Wustenrot & Wurttembergische AG is a German financial services company. It develops and provides the four components of modern financial planning: financial security, residential property ownership, risk protection, and savings and investment. The company's reportable segments are; Housing, Life and Health Insurance, Property/Casualty Insurance, and all others segment. It generates key revenue from Life and Health Insurance segment. The company generates a majority of its revenue from its operations in Germany.

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