Kontron AG (XTER:KTN) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

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What is Kontron 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. Kontron AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

Kontron AG's long-term debt to total assets ratio declined from Dec. 2022 (0.15) to Dec. 2023 (0.07). It may suggest that Kontron AG is progressively becoming less dependent on debt to grow their business.

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

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

Kontron AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.21

0.15

0.07

Kontron AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	-	-	-	0.07

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

Kontron 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 )
	=	93.233	/	1370.657
	=	0.07

Kontron 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 )
	=	93.233	/	1370.657
	=	0.07

Kontron AG (XTER:KTN) 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.

Kontron AG LT-Debt-to-Total-Asset Related Terms

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Kontron AG (XTER:KTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kontron AG (XTER:KTN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

KTNd:UK 0L9J:UK KTN:Austria

Address

Industriezeile 35, Linz, AUT, A-4021

Website

https://group.kontron.com

Kontron AG is an IT systems and hardware components manufacturer. It operates in three segments: IT Services, which includes consulting and sales of third-party hardware and software products as well as implementation and operation in the DACH region and Eastern Europe. The portfolio offered includes the areas of planning (consulting), implementation (integration), and outsourcing of IT services; IoT Solutions Europe segment focuses on the development of secure solutions through a combined portfolio of hardware, middleware, and services in the areas of the Internet of Things (loT) and Industry 4.0; and loT Solutions America segment covers business activities in the vertical markets of transport and aviation as well as communications in the North America region.