AKKO Invest (BUD:AKKO) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2023)

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What is AKKO Invest 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. AKKO Invest's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.25.

AKKO Invest's long-term debt to total assets ratio declined from Dec. 2022 (0.32) to Dec. 2023 (0.25). It may suggest that AKKO Invest is progressively becoming less dependent on debt to grow their business.

AKKO Invest LT-Debt-to-Total-Asset Historical Data

The historical data trend for AKKO Invest'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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AKKO Invest LT-Debt-to-Total-Asset Chart

AKKO Invest Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.07

0.36

0.32

0.25

AKKO Invest Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.39	0.32	0.33	0.25

AKKO Invest LT-Debt-to-Total-Asset Calculation

AKKO Invest'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 )
	=	10483	/	41549
	=	0.25

AKKO Invest's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	10483	/	41549
	=	0.25

AKKO Invest (BUD:AKKO) 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.

AKKO Invest LT-Debt-to-Total-Asset Related Terms

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AKKO Invest (BUD:AKKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AKKO Invest PLC (BUD:AKKO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Dayka Gabor Utca 5, Budapest, HUN, 1118

Website

https://www.akkoinvest.hu

AKKO Invest PLC operates in the capital markets industry in Hungary. The objective of the company is to achieve asset accumulation and to realise a long-term increase in value through efficient cooperation between the holding and the subsidiaries. It has the following operating segments Industrial property segment, Residential property segment, Facility Management line of business, ITS line of business, and Fit-Out line of business. The majority is from the Facility management line of business. Facility Management includes activities related to property operation.

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