GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pluxee NV (XPAR:PLX) » Definitions » LT-Debt-to-Total-Asset

Pluxee NV (XPAR:PLX) LT-Debt-to-Total-Asset : 0.01 (As of Feb. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Pluxee NV 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. Pluxee NV's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.01.

Pluxee NV's long-term debt to total assets ratio declined from Aug. 2021 (0.02) to Feb. 2024 (0.01). It may suggest that Pluxee NV is progressively becoming less dependent on debt to grow their business.


Pluxee NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pluxee NV'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.

Pluxee NV LT-Debt-to-Total-Asset Chart

Pluxee NV Annual Data
Trend Aug21 Aug22 Aug23
LT-Debt-to-Total-Asset
0.02 0.01 0.01

Pluxee NV Quarterly Data
Aug21 Aug22 Feb23 Aug23 Feb24
LT-Debt-to-Total-Asset 0.02 0.01 - 0.01 0.01

Pluxee NV LT-Debt-to-Total-Asset Calculation

Pluxee NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )/Total Assets (A: Aug. 2023 )
=49/5673
=0.01

Pluxee NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )/Total Assets (Q: Feb. 2024 )
=71/6136
=

* 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.


Pluxee NV  (XPAR:PLX) 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.


Pluxee NV LT-Debt-to-Total-Asset Related Terms

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


Pluxee NV (XPAR:PLX) Business Description

Comparable Companies
Traded in Other Exchanges
Address
255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux, Paris, FRA, 92130
Pluxee is a company providing employee benefits and engagement. It offers products and services focused on their real daily needs from meal orders to expense reports and well-being.

Pluxee NV (XPAR:PLX) Headlines

From GuruFocus