DMG Mori AG (LTS:0OP0) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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

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

DMG Mori AG LT-Debt-to-Total-Asset Historical Data

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

DMG Mori AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.01

0.02

DMG Mori AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.02	0.02	0.02	0.02

DMG Mori AG LT-Debt-to-Total-Asset Calculation

DMG Mori AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	39.285	/	2544.259
	=	0.02

DMG Mori AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	39.285	/	2544.259
	=	0.02

DMG Mori AG (LTS:0OP0) 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.

DMG Mori AG LT-Debt-to-Total-Asset Related Terms

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DMG Mori AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DMG Mori AG (LTS:0OP0) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GIL:Germany GIL:Austria

Address

Gildemeisterstrasse 60, Bielefeld, DEU, D-33689

Website

https://www.dmgmori.com

DMG Mori AG is a manufacturer of metal-cutting machine tools. The company operates three business segments: machine tools, industrial services, and corporate services. The machine tools segment includes turning and milling companies that produce lathes and milling machines, technologies, and software solutions. Industrial solutions include the entire machine life cycle services. The end markets are Germany and the rest of Europe. The company is majority-owned by DMG Mori Company. The company earns maximum sales revenue from the Corporate services segment.

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