Carbios (XPAR:ALCRB) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Carbios 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. Carbios's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.13.

Carbios's long-term debt to total assets ratio declined from Dec. 2022 (0.19) to Dec. 2023 (0.13). It may suggest that Carbios is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Carbios'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.

Carbios LT-Debt-to-Total-Asset Chart

Carbios Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.12

0.10

0.06

0.19

0.13

Carbios Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.06	0.21	0.19	0.20	0.13

Carbios LT-Debt-to-Total-Asset Calculation

Carbios'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 )
	=	37.989	/	302.009
	=	0.13

Carbios'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 )
	=	37.989	/	302.009
	=	0.13

Carbios (XPAR:ALCRB) 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.

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

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

Carbios (XPAR:ALCRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Carbios SA (XPAR:ALCRB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

COOSF:USA 3C1:Germany

Address

5, Rue de la Baume, Paris, FRA, 75008

Website

http://www.carbios.fr

Carbios SA specializes in developing industrial bio-process for the recycling of plastic waste and the production of the biopolymer. The company creates a new generation of fully biodegradable plastics with a controlled lifespan, a process enabling infinite biorecycling of plastic waste (PET) and a new biological pathway to produce biosourced polymers. It uses Biodegradation; Biorecycling and Bioproduction techniques.

Carbios (XPAR:ALCRB) Headlines

No Headlines