Kinepolis Group NV (STU:KPSN) LT-Debt-to-Total-Asset : 0.61 (As of Dec. 2023)

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What is Kinepolis Group NV 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. Kinepolis Group NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.61.

Kinepolis Group NV's long-term debt to total assets ratio declined from Dec. 2022 (0.68) to Dec. 2023 (0.61). It may suggest that Kinepolis Group NV is progressively becoming less dependent on debt to grow their business.

Kinepolis Group NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kinepolis Group NV'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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Kinepolis Group NV LT-Debt-to-Total-Asset Chart

Kinepolis Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.67

0.71

0.70

0.68

0.61

Kinepolis Group NV 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															0.70	0.71	0.68	0.64	0.61

Kinepolis Group NV LT-Debt-to-Total-Asset Calculation

Kinepolis Group NV'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 )
	=	706.891	/	1167.027
	=	0.61

Kinepolis Group NV'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 )
	=	706.891	/	1167.027
	=	0.61

Kinepolis Group NV (STU:KPSN) 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.

Kinepolis Group NV LT-Debt-to-Total-Asset Related Terms

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Kinepolis Group NV (STU:KPSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kinepolis Group NV (STU:KPSN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0QV7:UK KPSN:Germany KIN:Belgium

Address

Moutstraat 132-146, Ghent, BEL, B-9000

Website

https://www.kinepolis.com

Kinepolis Group NV is a diversified media company engaged in operating in the cinema industry. The business activities involve operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. The company geographically operates in segments such as Belgium, Canada, the Netherlands, France, the United States, Spain and Luxembourg. The Switzerland and Poland activities are combined in other segment. The company earns the vast majority of its revenue from Belguim Segment.

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