Groupe Open (LTS:0O1T) LT-Debt-to-Total-Asset : 0.05 (As of Jun. 2021)

View and export this data going back to 2009. Start your Free Trial

What is Groupe Open 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. Groupe Open's long-term debt to total assests ratio for the quarter that ended in Jun. 2021 was 0.05.

Groupe Open's long-term debt to total assets ratio declined from Jun. 2020 (0.09) to Jun. 2021 (0.05). It may suggest that Groupe Open is progressively becoming less dependent on debt to grow their business.

Groupe Open LT-Debt-to-Total-Asset Historical Data

The historical data trend for Groupe Open'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.

Groupe Open LT-Debt-to-Total-Asset Chart

Groupe Open Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.05

0.04

0.10

0.05

Groupe Open Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.10	0.09	0.05	0.05

Groupe Open LT-Debt-to-Total-Asset Calculation

Groupe Open'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 )
	=	13.6	/	255.8
	=	0.05

Groupe Open's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

LT Debt to Total Assets (Q: Jun. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2021 )	/	Total Assets (Q: Jun. 2021 )
	=	12.1	/	257.5
	=	0.05

Groupe Open (LTS:0O1T) 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.

Groupe Open LT-Debt-to-Total-Asset Related Terms

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

Groupe Open (LTS:0O1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Groupe Open SA (LTS:0O1T) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

TSE:4371 MIGI TSE:3657 IBEX TSXV:QUIS TSE:4674 SHSE:688500 TSE:3676 HKSE:03680 XCNQ:PKK

Traded in Other Exchanges

N/A

Address

97 Boulevard, Paris, FRA, 75017

Website

http://www.groupe-open.com

Groupe Open SA is engaged in digital and industrial transformation business in France, Belgium, the Netherlands, Luxembourg, and China. The company offers IT and digital consultancy services; project management assistance; project design and conception services; application design and development services for management systems, Websites, mobile projects; application portfolio management services; software integrating solutions; and project testing and acceptance services.

Groupe Open (LTS:0O1T) Headlines

No Headlines