GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Axon Partners Group SA (XMAD:APG) » Definitions » LT-Debt-to-Total-Asset

Axon Partners Group (XMAD:APG) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2022)


View and export this data going back to 2022. Start your Free Trial

What is Axon Partners Group 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. Axon Partners Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.01.

Axon Partners Group's long-term debt to total assets ratio declined from Dec. 2020 (0.10) to Dec. 2022 (0.01). It may suggest that Axon Partners Group is progressively becoming less dependent on debt to grow their business.


Axon Partners Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Axon Partners Group'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.

Axon Partners Group LT-Debt-to-Total-Asset Chart

Axon Partners Group Annual Data
Trend Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.10 0.06 0.01

Axon Partners Group Semi-Annual Data
Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset 0.10 0.06 0.01

Axon Partners Group LT-Debt-to-Total-Asset Calculation

Axon Partners Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0.271/24.288
=0.01

Axon Partners Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )/Total Assets (Q: Dec. 2022 )
=0.271/24.288
=0.01

* 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.


Axon Partners Group  (XMAD:APG) 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.


Axon Partners Group LT-Debt-to-Total-Asset Related Terms

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


Axon Partners Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Sagasta 18, 3rd Floor, Madrid, ESP, 28004
Axon Partners Group SA is an investment and consulting firm. It offers advisory services in the area of Cybersecurity, Digital Platforms, Cloud, Fog & Edge Computing, AI & Big Data, Cleantech, and Sustainability, among others. It also investment strategies consisting Direct Investment, Fund of Funds, Corporate Venture Capital, and Special Opportunities.