/term/ltd2asset/XSWX:ACLN Accelleron Industries AG (XSWX:ACLN) LT-Debt-to-Total-Asset
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Accelleron Industries AG (XSWX:ACLN) LT-Debt-to-Total-Asset : 0.42 (As of Dec. 2023)


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What is Accelleron Industries AG 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. Accelleron Industries AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.42.

Accelleron Industries AG's long-term debt to total assets ratio increased from Dec. 2022 (0.35) to Dec. 2023 (0.42). It may suggest that Accelleron Industries AG is progressively becoming more dependent on debt to grow their business.


Accelleron Industries AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Accelleron Industries AG'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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Accelleron Industries AG LT-Debt-to-Total-Asset Chart

Accelleron Industries AG Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.03 0.35 0.42

Accelleron Industries AG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset 0.03 - 0.35 0.39 0.42

Accelleron Industries AG LT-Debt-to-Total-Asset Calculation

Accelleron Industries AG'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 )
=437.074/1043.642
=0.42

Accelleron Industries AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=437.074/1043.642
=0.42

* 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.


Accelleron Industries AG  (XSWX:ACLN) 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.


Accelleron Industries AG LT-Debt-to-Total-Asset Related Terms

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Accelleron Industries AG (XSWX:ACLN) Business Description

Traded in Other Exchanges
Address
Baden, Aargau, Baden, CHE
Accelleron Industries AG develop, produce and service turbochargers and digital solutions that make engines powerful and efficient. The company's solutions and services include Marine, Power, Oil & Gas, Rail. Its advanced products are used in a wide range of sectors including marine, energy and rail. The Company operates the business in the global turbocharger market for heavy duty 500 kilowatts and higher applications in two operating segments which are High Speed: which produces and services turbochargers with power outputs ranging from 500 to 5,000 kilowatts. High Speed turbochargers are used mainly in marine, electric power generation, oil & gas onshore and off-highway sites.Medium & Low Speed: produces and services turbochargers with power outputs from 3,000 to 30,000 kilowatts.

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