Deutsche Rohstoff AG (LTS:0W2J) LT-Debt-to-Total-Asset : 0.34 (As of Sep. 2024)

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What is Deutsche Rohstoff 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. Deutsche Rohstoff AG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.34.

Deutsche Rohstoff AG's long-term debt to total assets ratio declined from Sep. 2023 (0.36) to Sep. 2024 (0.34). It may suggest that Deutsche Rohstoff AG is progressively becoming less dependent on debt to grow their business.

Deutsche Rohstoff AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Deutsche Rohstoff 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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Deutsche Rohstoff AG LT-Debt-to-Total-Asset Chart

Deutsche Rohstoff AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.50

0.54

0.44

0.31

0.20

Deutsche Rohstoff 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															0.36	0.20	0.31	0.31	0.34

Deutsche Rohstoff AG LT-Debt-to-Total-Asset Calculation

Deutsche Rohstoff 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 )
	=	100	/	493.765
	=	0.20

Deutsche Rohstoff 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 )
	=	174.243	/	506.891
	=	0.34

Deutsche Rohstoff AG (LTS:0W2J) 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.

Deutsche Rohstoff AG LT-Debt-to-Total-Asset Related Terms

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Deutsche Rohstoff AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Deutsche Rohstoff AG (LTS:0W2J) » Definitions » LT-Debt-to-Total-Asset

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1DR:Italy DR0:Germany

Address

Q7, 24, Mannheim, BW, DEU, 68161

Website

https://rohstoff.de

Deutsche Rohstoff AG is a company that operates in the oil and gas production industry. It is also involved in mining ventures and develops its own metal deposits, with a particular focus on precious and special metals. The company has operations in various regions around the globe, including the United States, Australia, Western Europe, Canada, and Brazil. The Group primarily generates its revenue from producing crude oil and natural gas in the USA. Aside from revenue generated from the production of raw materials and associated rights such as royalties, the company's business model also includes the acquisition, development, and sale of raw material projects. It has several projects, including Cub Creek Energy, Elster Oil and Gas, Bright Rock Energy, Salt Creek Oil and Gas, and others.

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