Coretech 5 (XPAR:MLCOT) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2022)

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What is Coretech 5 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. Coretech 5's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.23.

Coretech 5's long-term debt to total assets ratio declined from Dec. 2020 (8.57) to Dec. 2022 (0.23). It may suggest that Coretech 5 is progressively becoming less dependent on debt to grow their business.

Coretech 5 LT-Debt-to-Total-Asset Historical Data

The historical data trend for Coretech 5'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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Coretech 5 LT-Debt-to-Total-Asset Chart

Coretech 5 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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14.92

5.20

8.57

12.15

0.23

Coretech 5 Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				14.92	5.20	8.57	12.15	0.23

Coretech 5 LT-Debt-to-Total-Asset Calculation

Coretech 5'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 )
	=	0.024	/	0.105
	=

Coretech 5'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 )
	=	0.024	/	0.105
	=

Coretech 5 (XPAR:MLCOT) 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.

Coretech 5 LT-Debt-to-Total-Asset Related Terms

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Coretech 5 (XPAR:MLCOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Coretech 5 (XPAR:MLCOT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

5 rue de Castiglione, Paris, FRA, 75 001

Website

https://www.coretech5.com

Coretech 5 Formerly Gour Medical AG is a pharmaceutical company. It develops and markets veterinary medicines and specialist pet. Its products include food supplements or nutraceuticals or related medical devices. The products are dedicated to the treatment of pain, allergies, behavioral disorders and improvement of quality of life. It sells its product under the brand Weedley.

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