Aeroflot Russian Airlines PJSC (MIC:AFLT) LT-Debt-to-Total-Asset : 0.54 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Aeroflot Russian Airlines PJSC 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. Aeroflot Russian Airlines PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.54.

Aeroflot Russian Airlines PJSC's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Dec. 2023 (0.54). It may suggest that Aeroflot Russian Airlines PJSC is progressively becoming more dependent on debt to grow their business.

Aeroflot Russian Airlines PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aeroflot Russian Airlines PJSC'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.

Aeroflot Russian Airlines PJSC LT-Debt-to-Total-Asset Chart

Aeroflot Russian Airlines PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.53

0.58

0.61

0.51

0.54

Aeroflot Russian Airlines PJSC Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.51	0.50	0.53	0.54

Aeroflot Russian Airlines PJSC LT-Debt-to-Total-Asset Calculation

Aeroflot Russian Airlines PJSC'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 )
	=	598197	/	1114014
	=	0.54

Aeroflot Russian Airlines PJSC'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 )
	=	598197	/	1114014
	=	0.54

Aeroflot Russian Airlines PJSC (MIC:AFLT) 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.

Aeroflot Russian Airlines PJSC LT-Debt-to-Total-Asset Related Terms

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

Aeroflot Russian Airlines PJSC (MIC:AFLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aeroflot Russian Airlines PJSC (MIC:AFLT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Arbat Street, Moscow, RUS, 119019

Website

https://www.aeroflot.ru

Aeroflot Russian Airlines PJSC is Russia's largest airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is passenger traffic. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.

Aeroflot Russian Airlines PJSC (MIC:AFLT) Headlines

No Headlines