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Econocom Group SE (LTS:0RPX) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)


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What is Econocom Group SE 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. Econocom Group SE's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

Econocom Group SE's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.19). It may suggest that Econocom Group SE is progressively becoming more dependent on debt to grow their business.


Econocom Group SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Econocom Group SE'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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Econocom Group SE LT-Debt-to-Total-Asset Chart

Econocom Group SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.16 0.18 0.16 0.19

Econocom Group SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.18 0.16 0.22 0.19

Econocom Group SE LT-Debt-to-Total-Asset Calculation

Econocom Group SE'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 )
=436.9/2279.6
=0.19

Econocom Group SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=436.9/2279.6
=0.19

* 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.


Econocom Group SE  (LTS:0RPX) 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.


Econocom Group SE LT-Debt-to-Total-Asset Related Terms

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Econocom Group SE (LTS:0RPX) Business Description

Traded in Other Exchanges
Address
11 square Leon Blum, Puteaux, FRA, 92800
Econocom Group SE Formerly Econocom Group SA/NV is a European company that designs, finances, and oversees the digital transformation of businesses. The company provides consulting technology management, and financing of digital assets under the Econocom and Atlance brands, as well as application and digital solution services for client companies' IT systems. Additionally, Econocom provides security guidelines and tools, web and mobile applications, and project financing. The company generates revenue from France, Benelux, and other regions in Europe and the Americas, with France representing more than half of total sales. The company operates through three segments: Technology management and financing and Digital Services & Solutions.

Econocom Group SE (LTS:0RPX) Headlines

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