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Limes Schlosskliniken AG (STU:LIK) LT-Debt-to-Total-Asset : 0.30 (As of Jun. 2023)


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What is Limes Schlosskliniken 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. Limes Schlosskliniken AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.30.

Limes Schlosskliniken AG's long-term debt to total assets ratio declined from Jun. 2022 (0.35) to Jun. 2023 (0.30). It may suggest that Limes Schlosskliniken AG is progressively becoming less dependent on debt to grow their business.


Limes Schlosskliniken AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Limes Schlosskliniken 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.

Limes Schlosskliniken AG LT-Debt-to-Total-Asset Chart

Limes Schlosskliniken AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.66 - 0.33 0.24 0.34

Limes Schlosskliniken AG Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.24 0.35 0.34 0.30

Limes Schlosskliniken AG LT-Debt-to-Total-Asset Calculation

Limes Schlosskliniken AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=9.038/26.65
=0.34

Limes Schlosskliniken AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=8.05/26.563
=0.30

* 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.


Limes Schlosskliniken AG  (STU:LIK) 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.


Limes Schlosskliniken AG LT-Debt-to-Total-Asset Related Terms

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Limes Schlosskliniken AG (STU:LIK) Business Description

Traded in Other Exchanges
Address
Kaiser-Wilhelm-Ring 26, Cologne, NW, DEU, 50672
Limes Schlosskliniken AG operates mental and psychosomatic mental health clinic. It specializes in the treatment of stress disorders including depressions, Burnout Syndrome, Posttraumatic stress disorder, Anxiety / obsessive-compulsive disorder, eating disorders, personality disorders, and Somatization disorders such as chronic pain. LIMES Schlosskliniken operates in the market for high-quality private hospitals specializing in psychiatry, psychotherapy, and psychosomatics in Germany and Switzerland.

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