VZ Holding AG (STU:IHJN) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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What is VZ Holding 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. VZ Holding AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

VZ Holding AG's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.08). It may suggest that VZ Holding AG is progressively becoming more dependent on debt to grow their business.

VZ Holding AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for VZ Holding 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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VZ Holding AG LT-Debt-to-Total-Asset Chart

VZ Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.08

0.07

0.08

VZ Holding 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															0.07	0.06	0.07	0.07	0.08

VZ Holding AG LT-Debt-to-Total-Asset Calculation

VZ Holding 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 )
	=	527.676	/	6930.208
	=	0.08

VZ Holding 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 )
	=	527.676	/	6930.208
	=	0.08

VZ Holding AG (STU:IHJN) 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.

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VZ Holding AG (STU:IHJN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VZ Holding AG (STU:IHJN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VZNz:UK VZN:Switzerland

Address

Gotthardstrasse 6, Zurich, CHE, 8002

Website

https://www.vzch.com

VZ Holding AG offers financial advisory services for individuals and companies in many areas. The group helps clients plan retirement, investments, and it helps with mortgage financing. VZ also provides assistance with tax optimization. Corporate clients are assisted with benefits planning and risk management. As a holding company, VZ depends on its host of subsidiaries to bring a wealth of services to clients. Altogether, the group delivers assistance with insurance questions, administers and services mortgages, and engages in bank depository activities. Revenue is primarily earned from management fees on assets under management.

VZ Holding AG (STU:IHJN) Headlines

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