Stroeer SE KGaA (Stroeer SE KGaA) LT-Debt-to-Total-Asset : 0.48 (As of Dec. 2023)

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What is Stroeer SE KGaA 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. Stroeer SE KGaA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.48.

Stroeer SE KGaA's long-term debt to total assets ratio declined from Dec. 2022 (0.53) to Dec. 2023 (0.48). It may suggest that Stroeer SE KGaA is progressively becoming less dependent on debt to grow their business.

Stroeer SE KGaA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Stroeer SE KGaA'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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Stroeer SE KGaA LT-Debt-to-Total-Asset Chart

Stroeer SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.50

0.48

0.44

0.53

0.48

Stroeer SE KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.53	-	-	-	0.48

Stroeer SE KGaA LT-Debt-to-Total-Asset Calculation

Stroeer SE KGaA'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 )
	=	1442.519	/	2989.167
	=	0.48

Stroeer SE KGaA'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 )
	=	1442.519	/	2989.167
	=	0.48

Stroeer SE KGaA (OTCPK:SOTDF) 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.

Stroeer SE KGaA LT-Debt-to-Total-Asset Related Terms

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Stroeer SE KGaA (Stroeer SE KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stroeer SE & Co KGaA (OTCPK:SOTDF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SOTDY:USA 0MYZ:UK SAX:Germany

Address

Stroer-Allee 1, Cologne, NW, DEU, 50999

Website

https://www.stroeer.com

Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. It operates in three main business segments, Out of Home (OOH) Media, Digital & Dialog Media, and DaaS & E-commerce. The OOH Media segment encompasses the Group's entire OOH advertising business, comprising the Classic OOH, Digital OOH, and OOH services product groups. Digital & Dialog Media segment provides solutions for online advertising in the context of proprietary and third-party content. The scalable products marketed on this basis range from branding and storytelling to performance, native advertising, and social media. Geographically, it generates the majority of its revenue from Germany.