Manz AG (LTS:0J9O) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Manz 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. Manz AG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Manz AG's long-term debt to total assets ratio declined from Sep. 2023 (0.03) to Sep. 2024 (0.02). It may suggest that Manz AG is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Manz 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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Manz AG LT-Debt-to-Total-Asset Chart

Manz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.07

0.05

0.08

Manz 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															0.03	0.08	0.03	0.02	0.02

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

Manz 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 )
	=	22.959	/	278.623
	=	0.08

Manz 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 )
	=	5.322	/	247.452
	=	0.02

Manz AG (LTS:0J9O) 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.

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

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Manz AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Manz AG (LTS:0J9O) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MANZF:USA M5Z:Germany M5Z:Germany M5Z:Germany

Address

Steigaeckerstrasse 5, Reutlingen, BW, DEU, 72768

Website

https://www.manz.com

Manz AG is a high-tech equipment manufacturer. The company develops expertise in technology in fields including automation, vacuum coating, metrology, laser processing, wet chemistry, printing and coating, and roll-to-roll. It consists of an Electronic Business, Solar Business, Contract manufacturing, Service & Energy Storage Business. The majority of the revenue is derived from the sale of displays for liquid crystal displays & organic light-emitting diodes flat screens, touch sensors, production systems for printed circuit boards, chip carriers & also smartphones, tablet computers, notebooks & other consumer electronics. It has two segments Mobility and battery solutions & Industry solutions, key revenue is generated from Industry solutions.

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