Hugo Boss AG (LTS:0Q8F) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2024)

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What is Hugo Boss 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. Hugo Boss AG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.19.

Hugo Boss AG's long-term debt to total assets ratio increased from Sep. 2023 (0.17) to Sep. 2024 (0.19). It may suggest that Hugo Boss AG is progressively becoming more dependent on debt to grow their business.

Hugo Boss AG LT-Debt-to-Total-Asset Historical Data

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

Hugo Boss AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.27

0.33

0.26

0.22

0.27

Hugo Boss 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															0.17	0.27	0.19	0.20	0.19

Hugo Boss AG LT-Debt-to-Total-Asset Calculation

Hugo Boss 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 )
	=	940.662	/	3471.667
	=	0.27

Hugo Boss 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 )
	=	694	/	3572
	=	0.19

Hugo Boss AG (LTS:0Q8F) 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.

Hugo Boss AG LT-Debt-to-Total-Asset Related Terms

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Hugo Boss AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hugo Boss AG (LTS:0Q8F) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HUGPF:USA BOSSY:USA 1BOSS:Italy BOSSd:UK BOSS:Germany BOSS:Austria

Address

Dieselstrasse 12, Metzingen, DEU, 72555

Website

https://www.hugoboss.com

Hugo Boss is a German-based menswear apparel brand operating in the premium segment through its two brands, Boss and Hugo. The brand was founded in 1924 and initially focused on uniforms. After World War II and the death of the founder, the company shifted focus to men's suits. The company is globally present with 61% of revenue generated in the European market, 23% in the Americas, 14% in Asia-Pacific, and less than 3% from licenses. It generates over 50% of sales through its own retail with over 1,400 stores globally.

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