Swiss Life Holding AG (LTS:0QMG) LT-Debt-to-Total-Asset : 0.05 (As of Jun. 2024)

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What is Swiss Life Holding 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. Swiss Life Holding AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.05.

Swiss Life Holding AG's long-term debt to total assets ratio declined from Jun. 2023 (0.05) to Jun. 2024 (0.05). It may suggest that Swiss Life Holding AG is progressively becoming less dependent on debt to grow their business.

Swiss Life Holding AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Swiss Life 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.

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Swiss Life Holding AG LT-Debt-to-Total-Asset Chart

Swiss Life Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.04

0.02

0.05

0.04

Swiss Life Holding AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.05	0.05	0.04	0.05

Swiss Life Holding AG LT-Debt-to-Total-Asset Calculation

Swiss Life Holding 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 )
	=	9493	/	213445
	=	0.04

Swiss Life Holding AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	9726	/	216357
	=	0.04

Swiss Life Holding AG (LTS:0QMG) 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.

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Swiss Life Holding AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Life Holding AG (LTS:0QMG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SZLMY:USA SWSDF:USA SLHNz:UK SLW1:Germany SLHN:Switzerland

Address

General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022

Website

https://www.swisslife.com

Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller, but wealthy European markets. The company also has an asset manager. Swiss Life has three main sources of income that vary in significance by geography. Savings income relates to spread-based earnings, the risk result relates to an insurance margin, and the fee result relates to asset management and financial advisory. The fee result has been growing in importance over recent years as a result of advice, unit-linked sales, and third-party asset management.

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