Corporacion Financiera Alba (FRA:CSV) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2023)

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What is Corporacion Financiera Alba 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. Corporacion Financiera Alba's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.09.

Corporacion Financiera Alba's long-term debt to total assets ratio declined from Jun. 2022 (0.12) to Jun. 2023 (0.09). It may suggest that Corporacion Financiera Alba is progressively becoming less dependent on debt to grow their business.

Corporacion Financiera Alba LT-Debt-to-Total-Asset Historical Data

The historical data trend for Corporacion Financiera Alba'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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Corporacion Financiera Alba LT-Debt-to-Total-Asset Chart

Corporacion Financiera Alba Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.03

0.05

0.06

0.12

0.10

Corporacion Financiera Alba Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.12	0.12	0.10	0.09

Corporacion Financiera Alba LT-Debt-to-Total-Asset Calculation

Corporacion Financiera Alba'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 )
	=	550.7	/	5323.1
	=	0.10

Corporacion Financiera Alba's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	465.2	/	5222.9
	=	0.09

Corporacion Financiera Alba (FRA:CSV) 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.

Corporacion Financiera Alba LT-Debt-to-Total-Asset Related Terms

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Corporacion Financiera Alba (FRA:CSV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Corporacion Financiera Alba SA (FRA:CSV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ALB:Spain

Address

C/ castello 77-5th floor, Madrid, ESP, 28006

Website

https://www.corporacionalba.es

Corporacion Financiera Alba SA is an investment holding company in Spain. The company's objective is to take long-term holdings in listed and unlisted companies, with activities in different economic sectors. The company is a part of the March group which integrates Banca March and Fundacion Juan March. Banca March is a family-owned Spanish bank, focused on Private Banking and Wealth Management, with a strong focus on family businesses. Its investments include top-tier office buildings in prime downtown and suburban business locations. Its current investment portfolio includes Acerinox, Naturgy, CIE Automotive, Ebro, Indra, Viscofan among others. It is also engaged in the lease of properties and holds interests in companies through venture capital.