Lucas Bols NV (LTS:0R6E) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

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What is Lucas Bols NV 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. Lucas Bols NV's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

Lucas Bols NV's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.19). It may suggest that Lucas Bols NV is progressively becoming less dependent on debt to grow their business.

Lucas Bols NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lucas Bols NV'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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Lucas Bols NV LT-Debt-to-Total-Asset Chart

Lucas Bols NV Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.14

0.28

0.22

0.20

0.19

Lucas Bols NV Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.19	0.20	0.19	0.19

Lucas Bols NV LT-Debt-to-Total-Asset Calculation

Lucas Bols NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	72.261	/	376.295
	=	0.19

Lucas Bols NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	72.261	/	376.295
	=	0.19

Lucas Bols NV (LTS:0R6E) 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.

Lucas Bols NV LT-Debt-to-Total-Asset Related Terms

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Lucas Bols NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lucas Bols NV (LTS:0R6E) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Paulus Potterstraat 14, Amsterdam, NLD, 1071 CZ

Website

https://www.lucasbols.com

Lucas Bols NV is mainly involved in managing the product development, bottling, distribution, sales, and marketing of a large group of liqueur brands which include, Bols, Passoa, Galliano, Vaccari, Damrak, Pisang Ambon, Tequila Partida, Henkes, Nuvo, Bokma, Hartevelt, Coebergh, Fluere and a large portfolio of Dutch jenever, vieux and liqueur brands. The company operates through two reportable segments; Global Cocktail Brands and Regional Liqueurs & Spirits. The majority of its revenue is generated from the Global Cocktail Brands which is comprised of Bols cocktails, Passoa and Galliano.

Lucas Bols NV Headlines

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