Westwing Group SE (Westwing Group SE) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Westwing Group SE 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. Westwing Group SE's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Westwing Group SE's long-term debt to total assets ratio declined from Mar. 2023 (0.15) to Mar. 2024 (0.12). It may suggest that Westwing Group SE is progressively becoming less dependent on debt to grow their business.

Westwing Group SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Westwing Group SE'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.

Westwing Group SE LT-Debt-to-Total-Asset Chart

Westwing Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.10

0.14

0.15

0.13

Westwing Group SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.15	0.14	0.13	0.12

Westwing Group SE LT-Debt-to-Total-Asset Calculation

Westwing Group SE'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 )
	=	27.808	/	221.81
	=	0.13

Westwing Group SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	26.522	/	231.413
	=	0.11

Westwing Group SE (OTCPK:WTWGF) 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.

Westwing Group SE LT-Debt-to-Total-Asset Related Terms

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

Westwing Group SE (Westwing Group SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Westwing Group SE (OTCPK:WTWGF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0AA2:UK WEW:Germany

Address

Moosacher Strasse 88, Munich, BY, DEU, 80809

Website

https://www.westwing.com

Westwing Group SE is the platform for home and living eCommerce in Europe. It offers Home and Living categories such as Textiles, furniture, lighting, and kitchenware. Its operating segments are DACH and International. DACH comprises businesses in Germany, Austria, and Switzerland. International includes its operation in Belgium, the Czech Republic, France, Italy, the Netherlands, Poland, Spain, and Slovakia. It generates its revenue from the DACH segment.

Westwing Group SE (Westwing Group SE) Headlines

From GuruFocus

Q2 2023 Westwing Group SE Earnings Call Transcript

By GuruFocus Research • 03-08-2024

Q3 2021 Westwing Group AG Earnings Call Transcript

By GuruFocus Research • 03-08-2024

Q1 2023 Westwing Group SE Earnings Call Transcript

By GuruFocus Research • 03-08-2024