Performance One AG (XTER:PO1) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2024)

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What is Performance One 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. Performance One AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.19.

Performance One AG's long-term debt to total assets ratio declined from Jun. 2023 (0.36) to Jun. 2024 (0.19). It may suggest that Performance One AG is progressively becoming less dependent on debt to grow their business.

Performance One AG LT-Debt-to-Total-Asset Historical Data

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

Performance One AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.16

0.33

0.37

0.30

Performance One AG Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.56	0.37	0.36	0.30	0.19

Performance One AG LT-Debt-to-Total-Asset Calculation

Performance One 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 )
	=	1.344	/	4.514
	=	0.30

Performance One 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 )
	=	0.802	/	4.26
	=	0.19

Performance One AG (XTER:PO1) 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.

Performance One AG LT-Debt-to-Total-Asset Related Terms

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Performance One AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Performance One AG (XTER:PO1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

S6, 35, Mannheim, DEU, D-68161

Website

https://www.performance.one

Performance One AG is a digital solution provider that assists in marketing and sales strategy fit for the digital era. The company uses data and AI expertise to develop and implement its disruptive products and business models. These currently include the scalable business intelligence software "Bignite" and the AI-supported psychological online platform "couch.now".

Executives

Denis Lademann

Board of Directors

Performance One AG Headlines

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