Adriatic Osiguranje DD (ZAG:JDOS) LT-Debt-to-Total-Asset: 0.01 (As of Sep. 2023)


What is Adriatic Osiguranje DD LT-Debt-to-Total-Asset?

Adriatic Osiguranje DD ZAG:JDOS LT-Debt-to-Total-Asset is 0.01 as of Sep. 2023.

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. Adriatic Osiguranje DD's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Adriatic Osiguranje DD's long-term debt to total assets ratio declined from Sep. 2022 (0.02) to Sep. 2023 (0.01). It may suggest that Adriatic Osiguranje DD is progressively becoming less dependent on debt to grow their business.

Adriatic Osiguranje DD  (ZAG:JDOS) 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.

Adriatic Osiguranje DD LT-Debt-to-Total-Asset Related Terms

Adriatic Osiguranje DD LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Adriatic Osiguranje DD'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.

Adriatic Osiguranje DD LT-Debt-to-Total-Asset Chart

Adriatic Osiguranje DD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.03 0.02 0.02

Adriatic Osiguranje DD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.02 0.02 0.01 0.01 0.01

Adriatic Osiguranje DD LT-Debt-to-Total-Asset Calculation

Adriatic Osiguranje DD's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=6.679/394.097
=0.02

Adriatic Osiguranje DD's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=3.348/410.903
=0.01

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Adriatic Osiguranje DD (ZAG:JDOS) has a LT-Debt-to-Total-Asset of 0.01 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Adriatic Osiguranje DD and its competitors.
Is Adriatic Osiguranje DD's LT-Debt-to-Total-Asset too high?
Adriatic Osiguranje DD's current LT-Debt-to-Total-Asset is 0.01.
How does Adriatic Osiguranje DD's LT-Debt-to-Total-Asset compare to HALL?
Adriatic Osiguranje DD's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Insurance company?
A good LT-Debt-to-Total-Asset depends on the Insurance industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Adriatic Osiguranje DD and its competitors. Adriatic Osiguranje DD's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adriatic Osiguranje DD stock overvalued right now?
Adriatic Osiguranje DD (ZAG:JDOS) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Adriatic Osiguranje DD (ZAG:JDOS), the current LT-Debt-to-Total-Asset is 0.01 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adriatic Osiguranje DD Business Description

Address Listopadska 2, Zagreb, HRV, 10000
Adriatic Osiguranje DD formerly Jadransko Osiguranje dd operates in the insurance industry in Croatia. The company offers property insurance and travel insurance. It specializes in Motor vehicle insurance.