Eutelsat Communications (XTER:E3B) LT-Debt-to-Total-Asset : 0.37 (As of Jun. 2024)

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What is Eutelsat Communications 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. Eutelsat Communications's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.37.

Eutelsat Communications's long-term debt to total assets ratio declined from Jun. 2023 (0.42) to Jun. 2024 (0.37). It may suggest that Eutelsat Communications is progressively becoming less dependent on debt to grow their business.

Eutelsat Communications LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eutelsat Communications'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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Eutelsat Communications LT-Debt-to-Total-Asset Chart

Eutelsat Communications Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.39

0.48

0.41

0.42

0.37

Eutelsat Communications 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															0.41	0.45	0.42	0.38	0.37

Eutelsat Communications LT-Debt-to-Total-Asset Calculation

Eutelsat Communications's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	3165.5	/	8518.4
	=	0.37

Eutelsat Communications'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 )
	=	3165.5	/	8518.4
	=

Eutelsat Communications (XTER:E3B) 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.

Eutelsat Communications LT-Debt-to-Total-Asset Related Terms

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Eutelsat Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eutelsat Communications (XTER:E3B) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EUTLF:USA ETCMY:USA ETLp:UK ETL:UK ETL:France

Address

32, boulevard Gallieni, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://www.eutelsat.com

Eutelsat Communications is a French commercial satellite provider with coverage spanning the European continent, the Middle East, Africa, India, and the Americas. It operates a fleet of over 36 satellites serving broadcasters, telecommunications operators, Internet service providers, and government agencies. These satellites are used for video broadcasting, news gathering, broadband services, and data connectivity solutions. Eutelsat generates revenue in Europe, the Americas, the Middle East and North Africa, and Asia.

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