Palfinger AG (Palfinger AG) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Palfinger 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. Palfinger AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.29.

Palfinger AG's long-term debt to total assets ratio increased from Dec. 2022 (0.29) to Dec. 2023 (0.29). It may suggest that Palfinger AG is progressively becoming more dependent on debt to grow their business.

Palfinger AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Palfinger 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.

* Premium members only.

Palfinger AG LT-Debt-to-Total-Asset Chart

Palfinger AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.32

0.29

0.21

0.29

Palfinger AG 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															0.21	-	0.29	-	0.29

Palfinger AG LT-Debt-to-Total-Asset Calculation

Palfinger 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 )
	=	660.996	/	2247.658
	=	0.29

Palfinger AG'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 )
	=	660.996	/	2247.658
	=	0.29

Palfinger AG (OTCPK:PLFRF) 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.

Palfinger AG LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Palfinger AG's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Palfinger AG (Palfinger AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Palfinger AG (OTCPK:PLFRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0MJ1:UK PFI:Germany PAL:Austria

Address

Lamprechtshausener Bundesstrasse 8, Bergheim, AUT, 5101

Website

https://www.palfinger.ag

Palfinger is an Austrian manufacturing company that offers cranes, forklifts, truck bodies, and lifting equipment for land and water vehicles. Palfinger has two operating segments: Sales & Service and Segment Operations. Segment sales & service comprises the sales and service units. The segment operations comprise the production sites and the respective production share of the company. It earns the majority of revenue from the sales & service segment. Palfinger sells its products worldwide but segments geographically into six regions: Europe, Middle East, & Africa; North America; Latin America; Eurasia; Asia-Pacific; and Marine. Business in Europe, the Middle East, & the Africa region generates the majority of the company's revenue.

Palfinger AG (Palfinger AG) Headlines

From GuruFocus

Q1 2023 Palfinger AG Earnings Call Transcript

By GuruFocus Research • 03-06-2024

Q1 2022 Palfinger AG Earnings Call Transcript

By GuruFocus Research • 03-06-2024

Q3 2023 Palfinger AG Earnings Call Transcript

By GuruFocus Research • 03-06-2024