Asenova Krepost AD (XBUL:ASKR) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2024)

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What is Asenova Krepost AD 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. Asenova Krepost AD's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.30.

Asenova Krepost AD's long-term debt to total assets ratio declined from Dec. 2023 (0.31) to Dec. 2024 (0.30). It may suggest that Asenova Krepost AD is progressively becoming less dependent on debt to grow their business.

Asenova Krepost AD LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asenova Krepost AD'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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Asenova Krepost AD LT-Debt-to-Total-Asset Chart

Asenova Krepost AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.31

0.30

Asenova Krepost AD Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.31	0.30	0.31	0.30

Asenova Krepost AD LT-Debt-to-Total-Asset Calculation

Asenova Krepost AD'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 )
	=	20	/	66.117
	=	0.30

Asenova Krepost AD'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 )
	=	20	/	66.117
	=	0.30

Asenova Krepost AD (XBUL:ASKR) 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.

Asenova Krepost AD LT-Debt-to-Total-Asset Related Terms

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Asenova Krepost AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asenova Krepost AD (XBUL:ASKR) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Street Ivan Vazov No. 2, Assenovgrad, BGR, 4230

Website

http://www.asenova-krepost.com

Asenova Krepost AD is engaged in the production of flexible polymer packaging.

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