Tonies SE (XTER:TNIE) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Tonies 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. Tonies SE's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Tonies SE's long-term debt to total assets ratio declined from Jun. 2023 (0.03) to Jun. 2024 (0.02). It may suggest that Tonies SE is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Tonies 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.

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

Tonies SE Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.03

Tonies SE Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.01	0.03	0.03	0.03	0.02

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

Tonies 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 )
	=	12.191	/	492.352
	=	0.02

Tonies SE'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 )
	=	11.789	/	484.296
	=	0.02

Tonies SE (XTER:TNIE) 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.

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

Thank you for viewing the detailed overview of Tonies SE's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Tonies SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tonies SE (XTER:TNIE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TNIEF:USA TNIE:Austria

Address

9, Rue de Bitbourg, Luxemburg, LUX, L - 1273

Website

https://www.tonies.com

Tonies SE provides an audio entertainment system. The company offers Toniebox, an audio system for kids that plays stories, songs, and others. Geographically, It generates majority of the revenue from Germany.

Executives

Salvia Gmbh	Supervisory Board
Stephanie Caspar	Supervisory Board
468 Spac Sponsors Gmbh & Co. Kg	Supervisory Board
Alexander Kudlich	Supervisory Board

Tonies SE Headlines

No Headlines