BOOSTHEAT (XPAR:ALBOO) LT-Debt-to-Total-Asset : 0.89 (As of Jun. 2021)

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What is BOOSTHEAT 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. BOOSTHEAT's long-term debt to total assests ratio for the quarter that ended in Jun. 2021 was 0.89.

BOOSTHEAT's long-term debt to total assets ratio increased from Jun. 2020 (0.21) to Jun. 2021 (0.89). It may suggest that BOOSTHEAT is progressively becoming more dependent on debt to grow their business.

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

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

BOOSTHEAT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.08

0.14

0.18

0.19

0.54

BOOSTHEAT Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.64	0.19	0.21	0.54	0.89

BOOSTHEAT LT-Debt-to-Total-Asset Calculation

BOOSTHEAT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	13.069	/	24.446
	=	0.53

BOOSTHEAT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

LT Debt to Total Assets (Q: Jun. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2021 )	/	Total Assets (Q: Jun. 2021 )
	=	12.367	/	13.863
	=	0.89

BOOSTHEAT (XPAR:ALBOO) 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.

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

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BOOSTHEAT (XPAR:ALBOO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BOOSTHEAT (XPAR:ALBOO) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

41-47, boulevard Marcel, Sembat, Venissieux, FRA, 69200

Website

https://www.boostheat.fr

BOOSTHEAT is engaged in designing, developing, and production of heating solutions that are technological, energy-efficient, and sustainable.

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