Deme Group NV (XBRU:DEME) LT-Debt-to-Total-Asset : 0.12 (As of Jun. 2024)

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What is Deme 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. Deme Group NV's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.12.

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

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

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

Deme Group NV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.19

0.14

0.18

0.14

Deme Group NV Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.19	0.18	0.15	0.14	0.12

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

Deme Group 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 )
	=	652.523	/	4760.058
	=	0.14

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	620.269	/	5302.55
	=	0.12

Deme Group NV (XBRU:DEME) 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.

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

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Deme Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Deme Group NV (XBRU:DEME) » Definitions » LT-Debt-to-Total-Asset

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MT0:Germany

Address

Scheldedijk 30, Haven 1025, Zwijndrecht, BEL, 2070

Website

https://www.deme-group.com

Deme Group NV Is a provider of dredging and construction services intended to cater to the renewable energy industries and environmental works. The company provides engineering and contracting services globally in the offshore renewables and non-renewables sectors and performs a wide variety of dredging activities and offers solutions for soil remediation and brownfield redevelopment, as well as environmental dredging and sediment treatment, thereby serving its clients. It has segments namely Offshore Energy, Dredging & Infra, Environmental and Concessions, out of which Dredging & Infra derives maximum revenue. The company geographically operates in America, Africa, Europe, Middle East and Asia.

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