Advance Equity Holding AD Sofia (XBUL:ADVE) LT-Debt-to-Total-Asset: 0.10 (As of Sep. 2019)

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What is Advance Equity Holding AD Sofia LT-Debt-to-Total-Asset?

Advance Equity Holding AD Sofia XBUL:ADVE LT-Debt-to-Total-Asset is 0.10 as of Sep. 2019.

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. Advance Equity Holding AD Sofia's long-term debt to total assests ratio for the quarter that ended in Sep. 2019 was 0.10.

Advance Equity Holding AD Sofia's long-term debt to total assets ratio declined from Jun. 2018 (0.28) to Sep. 2019 (0.10). It may suggest that Advance Equity Holding AD Sofia is progressively becoming less dependent on debt to grow their business.

Advance Equity Holding AD Sofia  (XBUL:ADVE) 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.

Advance Equity Holding AD Sofia LT-Debt-to-Total-Asset Related Terms

Advance Equity Holding AD Sofia LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Advance Equity Holding AD Sofia'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.

Advance Equity Holding AD Sofia LT-Debt-to-Total-Asset Chart

Advance Equity Holding AD Sofia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.06 0.09 0.07 0.11 0.05

Advance Equity Holding AD Sofia Quarterly Data
Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19
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 0.28 0.28 0.05 0.10 0.10

Advance Equity Holding AD Sofia LT-Debt-to-Total-Asset Calculation

Advance Equity Holding AD Sofia's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )/Total Assets (A: Dec. 2018 )
=0.971/19.701
=0.05

Advance Equity Holding AD Sofia's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

LT Debt to Total Assets (Q: Sep. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2019 )/Total Assets (Q: Sep. 2019 )
=2.242/22.317
=0.10

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.10 mean?
Advance Equity Holding AD Sofia (XBUL:ADVE) has a LT-Debt-to-Total-Asset of 0.10 as of Sep. 2019. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Advance Equity Holding AD Sofia and its competitors.
Is Advance Equity Holding AD Sofia's LT-Debt-to-Total-Asset too high?
Advance Equity Holding AD Sofia's current LT-Debt-to-Total-Asset is 0.10.
How does Advance Equity Holding AD Sofia's LT-Debt-to-Total-Asset compare to MILC?
Advance Equity Holding AD Sofia's LT-Debt-to-Total-Asset of 0.10 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Advance Equity Holding AD Sofia and its competitors. Advance Equity Holding AD Sofia's current LT-Debt-to-Total-Asset is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Equity Holding AD Sofia stock overvalued right now?
Advance Equity Holding AD Sofia (XBUL:ADVE) has a current LT-Debt-to-Total-Asset of 0.10. The current LT-Debt-to-Total-Asset is 0.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Advance Equity Holding AD Sofia (XBUL:ADVE), the current LT-Debt-to-Total-Asset is 0.10 as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Advance Equity Holding AD Sofia Business Description

Address Boulevard Hristo Botev No. 57 6, Sofia, BGR, 1303
Advance Equity Holding AD Sofia is an investment company. The company focuses its investments on new start-up companies that have high growth potential.