Axel Springer SE (LTS:0NV2) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2019)

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What is Axel Springer SE 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. Axel Springer SE's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 0.31.

Axel Springer SE's long-term debt to total assets ratio increased from Sep. 2018 (0.21) to Dec. 2019 (0.31). It may suggest that Axel Springer SE is progressively becoming more dependent on debt to grow their business.

Axel Springer SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Axel Springer SE'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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Axel Springer SE LT-Debt-to-Total-Asset Chart

Axel Springer SE Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.18

0.20

0.17

0.23

0.31

Axel Springer SE Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Dec19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.23	0.22	0.26	0.31

Axel Springer SE LT-Debt-to-Total-Asset Calculation

Axel Springer SE's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	2102.9	/	6851.5
	=	0.31

Axel Springer SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (Q: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2019 )	/	Total Assets (Q: Dec. 2019 )
	=	2102.9	/	6851.5
	=

Axel Springer SE (LTS:0NV2) 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.

Axel Springer SE LT-Debt-to-Total-Asset Related Terms

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Axel Springer SE (LTS:0NV2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Axel Springer SE (LTS:0NV2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Axel-Springer-Strasse 65, Berlin, DEU, 10888

Website

https://www.axelspringer.com

Axel Springer SE is a German digital publishing company that operates various newspapers, tabloid magazines, and lifestyle magazines. The company has organized itself into four business segments: Classifieds Media, News Media, Marketing Media, and Services/Holding. The company's digital media offerings generate revenue through paid subscriptions, followed by advertising revenue from companies placing content in its print and digital offerings. The company generates most of its revenue from the News Media and Classified Media segments, and roughly half of the company's revenue is earned in Germany.

Axel Springer SE (LTS:0NV2) Headlines

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