Ablynx NV (XBRU:ABLXS) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2017)

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What is Ablynx NV 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. Ablynx NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2017 was 0.23.

Ablynx NV's long-term debt to total assets ratio declined from Dec. 2016 (0.32) to Dec. 2017 (0.23). It may suggest that Ablynx NV is progressively becoming less dependent on debt to grow their business.

Ablynx NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ablynx NV'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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Ablynx NV LT-Debt-to-Total-Asset Chart

Ablynx NV Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.30

0.32

0.23

Ablynx NV Semi-Annual Data
	Dec07	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.26	0.32	-	0.23

Ablynx NV LT-Debt-to-Total-Asset Calculation

Ablynx NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	88.715	/	389.848
	=	0.23

Ablynx NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (Q: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2017 )	/	Total Assets (Q: Dec. 2017 )
	=	88.715	/	389.848
	=	0.23

Ablynx NV (XBRU:ABLXS) 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.

Ablynx NV LT-Debt-to-Total-Asset Related Terms

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Ablynx NV (XBRU:ABLXS) Business Description

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Address

Website

http://www.ablynx.com

Ablynx NV is a biopharmaceutical company engaged in the development of Nanobodies, proprietary therapeutic proteins based on single-domain antibody fragments. It has 45 proprietary and partnered programs in development in various therapeutic areas including inflammation, hematology, immuno-oncology, oncology and respiratory disease. It has collaborations with multiple pharmaceutical companies including AbbVie; Boehringer Ingelheim; Eddingpharm; Merck & Co., Inc., Kenilworth, New Jersey, USA; Merck KGaA; Novartis; Novo Nordisk; Sanofi and Taisho Pharmaceuticals. The company generates revenue from research collaboration agreements and from government grants.

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