EuroTeleSites AG (WBO:ETS) LT-Debt-to-Total-Asset : 0.63 (As of Dec. 2024)

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What is EuroTeleSites 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. EuroTeleSites AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.63.

EuroTeleSites AG's long-term debt to total assets ratio declined from Dec. 2023 (0.68) to Dec. 2024 (0.63). It may suggest that EuroTeleSites AG is progressively becoming less dependent on debt to grow their business.

EuroTeleSites AG LT-Debt-to-Total-Asset Historical Data

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

EuroTeleSites AG Annual Data

Trend

Dec23

Dec24

LT-Debt-to-Total-Asset

0.68

0.63

EuroTeleSites AG Semi-Annual Data
	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	0.68	0.66	0.63

EuroTeleSites AG LT-Debt-to-Total-Asset Calculation

EuroTeleSites AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1290.627	/	2063.693
	=	0.63

EuroTeleSites AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1290.627	/	2063.693
	=	0.63

EuroTeleSites AG (WBO:ETS) 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.

EuroTeleSites AG LT-Debt-to-Total-Asset Related Terms

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EuroTeleSites AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » EuroTeleSites AG (WBO:ETS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

7YF:Germany

Address

Lassallestrasse 9, Vienna, AUT, 1020

Website

https://www.eurotelesites.com

EuroTeleSites AG offers solutions and services to deploy and support wireless networks. It is a telecommunications infrastructure provider and offers comprehensive solutions for building and maintaining mobile networks in Austria, Bulgaria, Croatia, North Macedonia, Slovenia, and Serbia.

Executives

Ivo Ivanovski	Board of Directors
Lars Mosdorf	Board of Directors

EuroTeleSites AG Headlines

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