Lleidanetworks Serveis Telematics (STU:9TV) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2023)

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What is Lleidanetworks Serveis Telematics 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. Lleidanetworks Serveis Telematics's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.26.

Lleidanetworks Serveis Telematics's long-term debt to total assets ratio declined from Dec. 2022 (0.29) to Dec. 2023 (0.26). It may suggest that Lleidanetworks Serveis Telematics is progressively becoming less dependent on debt to grow their business.

Lleidanetworks Serveis Telematics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lleidanetworks Serveis Telematics'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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Lleidanetworks Serveis Telematics LT-Debt-to-Total-Asset Chart

Lleidanetworks Serveis Telematics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.15

0.29

0.26

Lleidanetworks Serveis Telematics Semi-Annual Data
	Dec14	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													0.29	0.27	0.29	0.28	0.26

Lleidanetworks Serveis Telematics LT-Debt-to-Total-Asset Calculation

Lleidanetworks Serveis Telematics'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 )
	=	4.492	/	17.57
	=	0.26

Lleidanetworks Serveis Telematics'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 )
	=	4.492	/	17.57
	=	0.26

Lleidanetworks Serveis Telematics (STU:9TV) 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.

Lleidanetworks Serveis Telematics LT-Debt-to-Total-Asset Related Terms

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Lleidanetworks Serveis Telematics (STU:9TV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Lleidanetworks Serveis Telematics SA (STU:9TV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ALLLN:France LLN:Spain 9TV:Germany

Address

No. 42, General lacy, Ground Floor - Local I, Madrid, ESP

Website

https://www.lleida.net

Lleidanetworks Serveis Telematics SA offers services as a telecommunications operator. The company provides registered eCommunications, SMS (short message service) solutions, electronic notification, contracting, and data validation services. It serves various industries including banking, call centers, financial services, utilities, real estate, insurance agents and brokers, legal services, temporary employment agencies, and government. Its segment comprises SMS Commercial, SMS Wholesale, and SAAS. The majority of sales by business line is through ICX Wholesale Solutions. Geographically, the majority of revenue is generated nationally.

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