Asseco South Eastern Europe (WAR:ASE) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Asseco South Eastern Europe 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. Asseco South Eastern Europe's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Asseco South Eastern Europe's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.06). It may suggest that Asseco South Eastern Europe is progressively becoming more dependent on debt to grow their business.

Asseco South Eastern Europe LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asseco South Eastern Europe'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.

Asseco South Eastern Europe LT-Debt-to-Total-Asset Chart

Asseco South Eastern Europe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.05

0.04

Asseco South Eastern Europe Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.07	0.06

Asseco South Eastern Europe LT-Debt-to-Total-Asset Calculation

Asseco South Eastern Europe'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 )
	=	83.991	/	2116.091
	=	0.04

Asseco South Eastern Europe's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	141.708	/	2236.057
	=	0.06

Asseco South Eastern Europe (WAR:ASE) 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.

Asseco South Eastern Europe LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Asseco South Eastern Europe's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Asseco South Eastern Europe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco South Eastern Europe SA (WAR:ASE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

7T8:Germany

Address

ul. Branickiego 13, Warszawa, POL, 02-972

Website

http://www.asseco.com

Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.

Asseco South Eastern Europe Headlines

No Headlines