Adval Tech Holding AG (XSWX:ADVN) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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What is Adval Tech Holding 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. Adval Tech Holding AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Adval Tech Holding AG's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.01). It may suggest that Adval Tech Holding AG is progressively becoming more dependent on debt to grow their business.

Adval Tech Holding AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Adval Tech Holding 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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Adval Tech Holding AG LT-Debt-to-Total-Asset Chart

Adval Tech Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Adval Tech Holding AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.01	0.01

Adval Tech Holding AG LT-Debt-to-Total-Asset Calculation

Adval Tech Holding 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 )
	=	1.313	/	151.673
	=	0.01

Adval Tech Holding AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	2.17	/	150.522
	=	0.01

Adval Tech Holding AG (XSWX:ADVN) 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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Adval Tech Holding AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Adval Tech Holding AG (XSWX:ADVN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Freiburgstrasse 556, Niederwangen, CHE, 3172

Website

https://www.advaltech.com

Adval Tech Holding AG is an industrial supplier of technologically sophisticated components and subassemblies made of metal and plastic. The company focuses on the automotive market and on related applications. The Components division is engaged in the manufacture of metal and plastic high-volume components, focusing on the automotive industry in terms of quantities, quality requirements, lifetime, and production processes. Geographically, activities function through Germany, Switzerland, Hungary, France, Czech Republic, Turkey, Slovakia, other European countries, China, North America, Latin America, Africa, Australia and Oceania. Maximum revenue is generated from Germany region.

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