Acino Holding AG (LTS:0QM8) LT-Debt-to-Total-Asset: 0.21 (As of Dec. 2013)

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What is Acino Holding AG LT-Debt-to-Total-Asset?

Acino Holding AG LTS:0QM8 LT-Debt-to-Total-Asset is 0.21 as of Dec. 2013.

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. Acino Holding AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.21.

Acino Holding AG's long-term debt to total assets ratio increased from Dec. 2011 (0.00) to Dec. 2013 (0.21). It may suggest that Acino Holding AG is progressively becoming more dependent on debt to grow their business.

Acino Holding AG  (LTS:0QM8) 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.

Acino Holding AG LT-Debt-to-Total-Asset Related Terms

Acino Holding AG LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Acino Holding 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.

Acino Holding AG LT-Debt-to-Total-Asset Chart

Acino Holding AG Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.20 0.21

Acino Holding AG Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.20 0.21

Acino Holding AG LT-Debt-to-Total-Asset Calculation

Acino Holding AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )/Total Assets (A: Dec. 2013 )
=117.351/560.516
=0.21

Acino Holding AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (Q: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )/Total Assets (Q: Dec. 2013 )
=117.351/560.516
=0.21

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.21 mean?
Acino Holding AG (LTS:0QM8) has a LT-Debt-to-Total-Asset of 0.21 as of Dec. 2013. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Acino Holding AG and its competitors.
Is Acino Holding AG's LT-Debt-to-Total-Asset too high?
Acino Holding AG's current LT-Debt-to-Total-Asset is 0.21.
How does Acino Holding AG's LT-Debt-to-Total-Asset compare to competitors?
Acino Holding AG's LT-Debt-to-Total-Asset of 0.21 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Drug Manufacturers company?
A good LT-Debt-to-Total-Asset depends on the Drug Manufacturers industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Acino Holding AG and its competitors. Acino Holding AG's current LT-Debt-to-Total-Asset is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acino Holding AG stock overvalued right now?
Acino Holding AG (LTS:0QM8) has a current LT-Debt-to-Total-Asset of 0.21. The current LT-Debt-to-Total-Asset is 0.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Acino Holding AG (LTS:0QM8), the current LT-Debt-to-Total-Asset is 0.21 as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Acino Holding AG Business Description

Acino Holding AG is a Switzerland-based company engaged in the pharmaceutical industry. The Company develops, manufactures, and markets pharmaceuticals in novel drug delivery forms internationally. It is divided into four segments Business to Consumer (BtC); Business to Business (BtB); Technology marketing (TM); and Production (Prod). The BtC segment comprises all direct marketing activities. Under the company's "Acino Switzerland" brand and, with the promise of Swiss quality, the company sells its products in emerging markets around the globe. This reporting segment includes the business purchased from Mepha/Cephalon in the Middle East, Africa, Latin America and Asia. The BtB segment comprises Acino's business with its internally developed products, for which the company also owns the intellectual property rights. Acino develops and produces high-quality medicines with proven active ingredients and modern drug delivery systems and grants licenses for them to leading pharmaceutical and generic pharmaceutical companies worldwide. The technology marketing segment comprises a broad spectrum of fully integrated contract services, including procurement, contract development, production and packaging for companies in the life sciences industry. On behalf of these customers, Acino develops a comprehensive product pipeline on the basis of its special technological know-how. This includes both new types of medicines as well as projects with innovative drug delivery systems for established active ingredients. The production segment is responsible for the manufacturing of products and the supplying of the other three segments, and generates turnover through the reimbursement of its services. The manufacturing costs of products are credited to the production segment at standard prices along with remuneration in the form of a mark-up for materials and production costs.