GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zalando SE (OTCPK:ZLNDY) » Definitions » LT-Debt-to-Total-Asset

Zalando SE (Zalando SE) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Zalando 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. Zalando SE's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

Zalando SE's long-term debt to total assets ratio increased from Mar. 2023 (0.22) to Mar. 2024 (0.23). It may suggest that Zalando SE is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Zalando 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.

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

Zalando 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 0.11 0.20 0.21 0.21 0.22

Zalando SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.22 0.22 0.21 0.22 0.23

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

Zalando 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 )
=1875.027/8494.766
=0.22

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=1888.261/8374.565
=0.23

* 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.


Zalando SE  (OTCPK:ZLNDY) 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.


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

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


Zalando SE (Zalando SE) Business Description

Address
Valeska-Gert-Strabe 5, Berlin, DEU, 10243
Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland, which accounts for around 40% of revenue. The company commands 4% of European apparel sales and 12% market share in European online apparel sales. It has 12 fulfilment centers and presents over 7,000 brands on its platform. In 2022, Zalando had over 50 million active users (more than 10% of the population in countries where the firm has a presence) and over 7 billion site visits.

Zalando SE (Zalando SE) Headlines

From GuruFocus

Zalando SE Stock Is Believed To Be Modestly Overvalued

By GF Value GF Value 05-17-2021