Zumtobel Group AG (WBO:ZAG) LT-Debt-to-Total-Asset : 0.14 (As of Jan. 2024)

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What is Zumtobel Group 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. Zumtobel Group AG's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.14.

Zumtobel Group AG's long-term debt to total assets ratio declined from Jan. 2023 (0.14) to Jan. 2024 (0.14). It may suggest that Zumtobel Group AG is progressively becoming less dependent on debt to grow their business.

Zumtobel Group AG LT-Debt-to-Total-Asset Historical Data

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

Zumtobel Group AG Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.14

0.21

0.14

0.12

0.11

Zumtobel Group AG Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.11	0.12	0.14	0.14

Zumtobel Group AG LT-Debt-to-Total-Asset Calculation

Zumtobel Group AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	111.038	/	1002.385
	=	0.11

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

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	135.023	/	984.165
	=	0.14

Zumtobel Group AG (WBO:ZAG) 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.

Zumtobel Group AG LT-Debt-to-Total-Asset Related Terms

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Zumtobel Group AG (WBO:ZAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zumtobel Group AG (WBO:ZAG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ZMTBY:USA T9Z:Germany

Address

Hochster Strasse 8, Dornbirn, AUT, A-6850

Website

https://z.lighting/en

Zumtobel Group AG supplies lighting solutions, lighting components, and associated services. The company also manufactures and hardware and software for lighting systems (LED light sources and LED drivers, sensors, and lighting management). It provides consultation on smart lighting controls and emergency lighting systems, light contracting, design services, and project management of turnkey lighting solutions, as well as new, data-based services focused on delivering connectivity for buildings and municipalities via the lighting infrastructure. The operating segments of the group are the Lighting segment and Components segment, of which a majority of revenue is generated from the Lighting segment, The group has a business presence all around the globe.

Zumtobel Group AG (WBO:ZAG) Headlines

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