Groupe Tera (XPAR:ALGTR) LT-Debt-to-Total-Asset : 0.47 (As of Dec. 2023)

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What is Groupe Tera 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. Groupe Tera's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.47.

Groupe Tera's long-term debt to total assets ratio declined from Dec. 2022 (0.50) to Dec. 2023 (0.47). It may suggest that Groupe Tera is progressively becoming less dependent on debt to grow their business.

Groupe Tera LT-Debt-to-Total-Asset Historical Data

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

Groupe Tera Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.34

0.42

0.50

0.47

Groupe Tera Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.42	0.53	0.50	0.01	0.47

Groupe Tera LT-Debt-to-Total-Asset Calculation

Groupe Tera'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 )
	=	8.041	/	16.952
	=	0.47

Groupe Tera'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 )
	=	8.041	/	16.952
	=	0.47

Groupe Tera (XPAR:ALGTR) 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.

Groupe Tera LT-Debt-to-Total-Asset Related Terms

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Groupe Tera (XPAR:ALGTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Groupe Tera SA (XPAR:ALGTR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

628 Rue Charles De Gaulle, Crolles, FRA, 38920

Website

http://www.groupe-tera.com

Groupe Tera SA is engaged in the field of measuring and monitoring air quality. The group works for the environmental, high technology and health sector to assist with the chemical characterisation of environment. It provides both the design of sensors for measuring the air quality and the laboratory analysis of the pollutants in the ambient air and in industrial discharges.

Groupe Tera (XPAR:ALGTR) Headlines

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