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SAP SE (XTER:SAP) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)


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What is SAP SE 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. SAP SE's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

SAP SE's long-term debt to total assets ratio declined from Sep. 2023 (0.14) to Sep. 2024 (0.10). It may suggest that SAP SE is progressively becoming less dependent on debt to grow their business.


SAP SE LT-Debt-to-Total-Asset Historical Data

The historical data trend for SAP SE'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.

* Premium members only.

SAP SE LT-Debt-to-Total-Asset Chart

SAP SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.23 0.15 0.12 0.11

SAP SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.11 0.11 0.10 0.10

SAP SE LT-Debt-to-Total-Asset Calculation

SAP SE'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 )
=7354/68335
=0.11

SAP SE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=7039/69648
=0.10

* 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.


SAP SE  (XTER:SAP) 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.


SAP SE LT-Debt-to-Total-Asset Related Terms

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SAP SE Business Description

Industry
Address
Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.
Executives
Gerhard Oswald Supervisory Board
Christian Kurt Klein Board of Directors
Dr. Rouven Westphal Supervisory Board
Pascal Demat Supervisory Board
Gina Vargiu-breuer Board of Directors
Thomas Heinrich Saueressig Board of Directors
Dr. Juergen Mueller Board of Directors
Prof. Dr. H.c. Mult. Hasso Plattner Supervisory Board
Margret Klein-magar Supervisory Board
Helmut Stengele Supervisory Board
Peter Lengler Supervisory Board
Sabine Bendiek Board of Directors
Luka Mucic Board of Directors