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SUSE (WBO:SUSE) LT-Debt-to-Total-Asset : 0.20 (As of Jul. 2023)


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What is SUSE 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. SUSE's long-term debt to total assests ratio for the quarter that ended in Jul. 2023 was 0.20.

SUSE's long-term debt to total assets ratio increased from Jul. 2022 (0.19) to Jul. 2023 (0.20). It may suggest that SUSE is progressively becoming more dependent on debt to grow their business.


SUSE LT-Debt-to-Total-Asset Historical Data

The historical data trend for SUSE'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.

SUSE LT-Debt-to-Total-Asset Chart

SUSE Annual Data
Trend Oct20 Oct21 Oct22
LT-Debt-to-Total-Asset
0.31 0.20 0.19

SUSE Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.19 0.20 0.20 0.20

SUSE LT-Debt-to-Total-Asset Calculation

SUSE's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (A: Oct. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Oct. 2022 )/Total Assets (A: Oct. 2022 )
=721.076/3827.669
=0.19

SUSE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (Q: Jul. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2023 )/Total Assets (Q: Jul. 2023 )
=671.792/3374.562
=0.20

* 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.


SUSE  (WBO:SUSE) 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.


SUSE LT-Debt-to-Total-Asset Related Terms

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SUSE (WBO:SUSE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11-13 Boulevard de la Foire, Grand Duchy, LUX, L-1528
SUSE SA is a software company that offers solutions to Automotive Telecom, Banking and Financial Services, Healthcare, Manufacturing, Retail, and Technology and Software industries. The services of the company include Consulting services, Blended Services, and Training and Certification. It derives revenue from Subscriptions. Geographically, it derives a majority of its revenue from North America.

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