Compagnie Financiere Tradition (XSWX:CFTE) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2023)

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What is Compagnie Financiere Tradition 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. Compagnie Financiere Tradition's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.25.

Compagnie Financiere Tradition's long-term debt to total assets ratio increased from Dec. 2022 (0.24) to Dec. 2023 (0.25). It may suggest that Compagnie Financiere Tradition is progressively becoming more dependent on debt to grow their business.

Compagnie Financiere Tradition LT-Debt-to-Total-Asset Historical Data

The historical data trend for Compagnie Financiere Tradition'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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Compagnie Financiere Tradition LT-Debt-to-Total-Asset Chart

Compagnie Financiere Tradition Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.25

0.16

0.24

0.25

Compagnie Financiere Tradition Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.07	0.24	0.12	0.25

Compagnie Financiere Tradition LT-Debt-to-Total-Asset Calculation

Compagnie Financiere Tradition'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 )
	=	242.166	/	983.208
	=	0.25

Compagnie Financiere Tradition'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 )
	=	242.166	/	983.208
	=	0.25

Compagnie Financiere Tradition (XSWX:CFTE) 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.

Compagnie Financiere Tradition LT-Debt-to-Total-Asset Related Terms

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Compagnie Financiere Tradition (XSWX:CFTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Compagnie Financiere Tradition SA (XSWX:CFTE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CFTz:UK CFT:Switzerland

Address

11, Rue de Langallerie, Lausanne, CHE, CH - 1003

Website

https://www.tradition.com

Compagnie Financiere Tradition SA is a Switzerland-based interdealer broking firm. It acts as a marketplace and an intermediary and facilitates transactions between financial institutions and other professional traders in the capital markets. Its Financial and non-financial products include bonds, interest rates, index futures, currency and credit derivatives, equities, precious metals, energy and environmental products, and others. Its geographical segments are Europe, Middle East and Africa; Americas and Asia-Pacific.

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