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Beluga NV (XBRU:BELU) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2023)


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What is Beluga 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. Beluga NV's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.03.

Beluga NV's long-term debt to total assets ratio increased from Jun. 2021 (0.00) to Jun. 2023 (0.03). It may suggest that Beluga NV is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Beluga 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.

* Premium members only.

Beluga NV LT-Debt-to-Total-Asset Chart

Beluga NV Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.17 0.13 0.05 0.04

Beluga NV Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.04 - 0.04 0.03

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

Beluga NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=0.243/5.48
=0.04

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

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=0.14/4.336
=0.03

* 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.


Beluga NV  (XBRU:BELU) 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.


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

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Beluga NV (XBRU:BELU) Business Description

Traded in Other Exchanges
N/A
Address
Rue du Baillois 43, Rixensart, BEL, B-1330
Beluga NV is a Belgium-based investment company engaged in acquiring and managing a diversified portfolio of shares with a majority focus on private equity investments.

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