Azelis Group NV (XBRU:AZE) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2024)

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What is Azelis Group 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. Azelis Group NV's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.30.

Azelis Group NV's long-term debt to total assets ratio increased from Dec. 2023 (0.30) to Dec. 2024 (0.30). It may suggest that Azelis Group NV is progressively becoming more dependent on debt to grow their business.

Azelis Group NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Azelis Group 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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Azelis Group NV LT-Debt-to-Total-Asset Chart

Azelis Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.40

0.23

0.25

0.30

Azelis Group NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.25	0.29	0.30	0.29	0.30

Azelis Group NV LT-Debt-to-Total-Asset Calculation

Azelis Group NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1748.391	/	5762.88
	=	0.30

Azelis Group NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1748.391	/	5762.88
	=	0.30

Azelis Group NV (XBRU:AZE) 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.

Azelis Group NV LT-Debt-to-Total-Asset Related Terms

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Azelis Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Azelis Group NV (XBRU:AZE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AZLGY:USA AZLGF:USA AZEb:UK 2R7:Germany

Address

Posthofbrug 12, Box 6, Antwerp, BEL, B-2600

Website

https://www.azelis.com

Azelis Group NV is a Belgium-based distributor of specialty chemicals and food ingredients. The Company focuses on the intensified efforts for formulation work and application that supports the partners from the labs. It works with Business to Business (B2B) buyers in the digital tools investment and technologies using online portals to find information on sellers, products, and services. The company has its business operating segments namely EMEA includes all operating companies in Europe, Middle East and Africa, Americas includes all operating companies in the United States of America, Canada, Mexico and South America (mainly Colombia and Brazil). Asia-Pacific involves all operating companies in Asia, South-East Asia and the Pacific region.

Azelis Group NV Headlines

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