Galenica (CHIX:GALEZ) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Galenica 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. Galenica's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Galenica's long-term debt to total assets ratio declined from Dec. 2022 (0.07) to Dec. 2023 (0.06). It may suggest that Galenica is progressively becoming less dependent on debt to grow their business.

Galenica LT-Debt-to-Total-Asset Historical Data

The historical data trend for Galenica'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.

Galenica LT-Debt-to-Total-Asset Chart

Galenica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.26

0.24

0.07

0.06

Galenica Semi-Annual Data
	Dec14	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													0.07	0.15	0.07	0.07	0.06

Galenica LT-Debt-to-Total-Asset Calculation

Galenica'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 )
	=	185.557	/	2990.952
	=	0.06

Galenica'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 )
	=	185.557	/	2990.952
	=	0.06

Galenica (CHIX:GALEz) 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.

Galenica LT-Debt-to-Total-Asset Related Terms

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

Galenica (CHIX:GALEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Galenica Ltd. (CHIX:GALEz) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GALE:Switzerland

Address

Untermattweg 8, Bern, CHE, 3027

Website

https://www.galenica.com

Galenica Ltd is an integrated healthcare service provider in Switzerland. The business is primarily operated from two segments Products & Care and Logistics & IT. The Products & Care segment comprises the Retail business area with offerings for patients and end customers and the Professionals business area with offerings for business customers and partners in the healthcare sector. The Logistics & IT segment comprises the two sectors Wholesale and Logistics & IT Services. These provide services for all those involved in the healthcare sector - pharmacies, drugstores, doctors, hospitals and care homes, partners and suppliers.

Galenica (CHIX:GALEZ) Headlines

No Headlines