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Velgraf Asset Management AD (XBUL:VAM) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2024)


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What is Velgraf Asset Management 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. Velgraf Asset Management AD's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.23.

Velgraf Asset Management AD's long-term debt to total assets ratio declined from Sep. 2023 (0.43) to Sep. 2024 (0.23). It may suggest that Velgraf Asset Management AD is progressively becoming less dependent on debt to grow their business.

Velgraf Asset Management AD LT-Debt-to-Total-Asset Historical Data

The historical data trend for Velgraf Asset Management 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.

* Premium members only.

Velgraf Asset Management AD LT-Debt-to-Total-Asset Chart

Velgraf Asset Management AD Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.23 0.27 0.22

Velgraf Asset Management AD Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.22 0.21 0.21 0.23

Velgraf Asset Management AD LT-Debt-to-Total-Asset Calculation

Velgraf Asset Management AD'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 )
=54.15/245.445
=0.22

Velgraf Asset Management AD's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=55.603/242.446
=0.23

* 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.

Velgraf Asset Management AD  (XBUL:VAM) 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.

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Velgraf Asset Management AD Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Velgraf Asset Management AD (XBUL:VAM) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
XBUL:GTH XBUL:RGL XBUL:PCH XBUL:RBL DFM:EMAAR HKSE:00016 PHS:HVN HKSE:01109 TSE:1925 HKSE:00688 BOM:532868 ADX:ALDAR HKSE:01113 BOM:543287 SHSE:600048 DFM:EMAARDEV SZSE:001979 SZSE:000002 ISX:PANI SGX:H78
Traded in Other Exchanges
N/A
Address
1 Brussels Boulevard, Slatina District, Sofia, BGR, 1784
Website
http://www.velgraf.com
Velgraf Asset Management AD is a real estate development company. The company is engaged in the purchase, construction, management, and sale of real estate.