Campine NV (XBRU:CAMB) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

View and export this data going back to 1936. Start your Free Trial

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

Campine NV's long-term debt to total assets ratio declined from Dec. 2022 (0.04) to Dec. 2023 (0.03). It may suggest that Campine NV is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Campine 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.

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

Campine NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.07

0.02

0.04

0.03

Campine NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.06	0.04	0.03	0.03

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

Campine NV'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 )
	=	4.206	/	125.746
	=	0.03

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

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4.206	/	125.746
	=	0.03

Campine NV (XBRU:CAMB) 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.

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

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

Campine NV (XBRU:CAMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Campine NV (XBRU:CAMB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nijverheidsstraat 2, Beerse, BEL, 2340

Website

https://www.campine.com

Campine NV is engaged in fire retardancy and concentrates, masterbatches for plastics, PET catalyst, and lead recycling. The company has two operating segments namely Specialty Chemicals and Circular Metals. The Main activities of Specialty chemicals which hosts all businesses which serve end-markets with chemical products and derivates. The Specialty Chemicals division comprises the business units (BU's) BU Antimony trioxide, BU FR Masterbatches and BU recycled Polymers. Circular Metals hosts the businesses in which metals are being recovered from industrial and postconsumer waste streams. The main activity is the manufacturing of lead alloys. It generates maximum revenue from the Circular Metals segment. Geographically, its manufacturing operations are located in Belgium.

Campine NV (XBRU:CAMB) Headlines

No Headlines