BETA Systems Software AG (FRA:BSS) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is BETA Systems Software AG 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. BETA Systems Software AG's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

BETA Systems Software AG's long-term debt to total assets ratio declined from Mar. 2023 (0.04) to Mar. 2024 (0.02). It may suggest that BETA Systems Software AG is progressively becoming less dependent on debt to grow their business.

BETA Systems Software AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for BETA Systems Software AG'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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BETA Systems Software AG LT-Debt-to-Total-Asset Chart

BETA Systems Software AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.11

0.08

0.06

0.05

BETA Systems Software AG Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.06	0.04	0.05	0.02

BETA Systems Software AG LT-Debt-to-Total-Asset Calculation

BETA Systems Software AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	3.33	/	63.803
	=	0.05

BETA Systems Software AG'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 )
	=	1.979	/	85.883
	=	0.02

BETA Systems Software AG (FRA:BSS) 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.

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BETA Systems Software AG (FRA:BSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BETA Systems Software AG (FRA:BSS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BSS:Germany

Address

Beta Systems Software AG, Alt-moabit 90d, Berlin, DEU, 10559

Website

http://www.betasystems.com

BETA Systems Software AG develops software products and solutions. It offers large corporations, mid-sized companies and organizations high-end infrastructure software and solutions which spans sectors.

Executives

Dr. Andreas Huth	Board of Directors
Wilhelm K. T. Zours	Supervisory Board
Wilhelm K.t. Zours	Supervisory Board
Carl Ernst Veit Paas	Supervisory Board

BETA Systems Software AG (FRA:BSS) Headlines

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