Avemio AG (FRA:AV2) LT-Debt-to-Total-Asset : 0.27 (As of Jun. 2024)

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What is Avemio 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. Avemio AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.27.

Avemio AG's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.27). It may suggest that Avemio AG is progressively becoming more dependent on debt to grow their business.

Avemio AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Avemio 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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Avemio AG LT-Debt-to-Total-Asset Chart

Avemio AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.28

Avemio AG Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						-	-	-	0.28	0.27

Avemio AG LT-Debt-to-Total-Asset Calculation

Avemio 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 )
	=	13.988	/	50.582
	=	0.28

Avemio 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 )
	=	14.369	/	53.379
	=	0.27

Avemio AG (FRA:AV2) 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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Avemio AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avemio AG (FRA:AV2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AV2:Germany

Address

Konigsallee 60f, Dusseldorf, DEU, 40212

Website

https://www.palgon.de

Avemio AG Formerly Palgon AG provides management consulting services. It offers marketing, distribution, and other services in the field of information technology, including the Internet and data processing and related fields. Further, the group is also involved in acquiring, selling, renting, and managing real estate.

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