Mineralbrunnen Ueberkingen-Teinach GmbH KGaA (STU:MUT3) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2023)

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What is Mineralbrunnen Ueberkingen-Teinach GmbH 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. Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.10.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA's long-term debt to total assets ratio declined from Dec. 2022 (0.12) to Dec. 2023 (0.10). It may suggest that Mineralbrunnen Ueberkingen-Teinach GmbH KGaA is progressively becoming less dependent on debt to grow their business.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mineralbrunnen Ueberkingen-Teinach GmbH 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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Mineralbrunnen Ueberkingen-Teinach GmbH KGaA LT-Debt-to-Total-Asset Chart

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.18

0.12

0.10

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA 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															0.18	0.17	0.12	0.06	0.10

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA LT-Debt-to-Total-Asset Calculation

Mineralbrunnen Ueberkingen-Teinach GmbH 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 )
	=	13.335	/	138.923
	=	0.10

Mineralbrunnen Ueberkingen-Teinach GmbH 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 )
	=	13.335	/	138.923
	=	0.10

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA (STU:MUT3) 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.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA LT-Debt-to-Total-Asset Related Terms

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Mineralbrunnen Ueberkingen-Teinach GmbH KGaA (STU:MUT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Mineralbrunnen Ueberkingen-Teinach GmbH & Co KGaA (STU:MUT3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MUT:Germany MUT3:Germany MUT:Germany

Address

Bahnhofstr. 15, Bad Uberkingen, DEU, 73337

Website

http://www.mineralbrunnen-ag.de

Mineralbrunnen Ueberkingen-Teinach GmbH & Co KGaA is a German company which operates in the beverage market. The company produces mineral water, fruit juices, soft drinks, and alcoholic beverages. It provides mineral water under the Krumbach, Teinacher, and Hirschquelle brands; refreshing and sweet drinks under the afri, Bluna, Teinacher Limo, Teinacher pleasure lemonade, and Krumbach lemonades brands; and fruit juices and variants under the Niehoffs Vaihinger, Klindworth, and Merziger brands.

Mineralbrunnen Ueberkingen-Teinach GmbH KGaA (STU:MUT3) Headlines

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