Rath AG (WBO:RAT) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Rath 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. Rath AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.32.

Rath AG's long-term debt to total assets ratio declined from Dec. 2022 (0.35) to Dec. 2023 (0.32). It may suggest that Rath AG is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Rath 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.

Rath AG LT-Debt-to-Total-Asset Chart

Rath AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.35

0.34

0.20

0.35

0.32

Rath AG 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															0.20	0.19	0.35	0.34	0.32

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

Rath AG'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 )
	=	42.557	/	135.197
	=	0.31

Rath AG'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 )
	=	42.557	/	135.197
	=	0.31

Rath AG (WBO:RAT) 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.

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

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

Rath AG (WBO:RAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rath AG (WBO:RAT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Walfischgasse 14, Vienna, AUT, 1015

Website

http://www.rath.at

Rath AG is an Austrian company that manufactures refractory products. It produces dense stones, refractory bricks, masses and high-temperature wool. It operates in nine different industry sectors, namely Iron and steel industry, domestic fireplaces, ceramic industry, sonderofenbau, energy and environmental technology, chemical, and petrochemical industry, glass industry, non-ferrous metal industry and cement and lime industry.

Rath AG (WBO:RAT) Headlines

No Headlines