Societe Centrale des Bois et Scieries de la Manche (XPAR:CBSM) LT-Debt-to-Total-Asset : 0.42 (As of Dec. 2023)

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What is Societe Centrale des Bois et Scieries de la Manche 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. Societe Centrale des Bois et Scieries de la Manche's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.42.

Societe Centrale des Bois et Scieries de la Manche's long-term debt to total assets ratio declined from Dec. 2022 (0.45) to Dec. 2023 (0.42). It may suggest that Societe Centrale des Bois et Scieries de la Manche is progressively becoming less dependent on debt to grow their business.

Societe Centrale des Bois et Scieries de la Manche LT-Debt-to-Total-Asset Historical Data

The historical data trend for Societe Centrale des Bois et Scieries de la Manche'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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Societe Centrale des Bois et Scieries de la Manche LT-Debt-to-Total-Asset Chart

Societe Centrale des Bois et Scieries de la Manche Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.43

0.45

0.46

0.41

Societe Centrale des Bois et Scieries de la Manche 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															0.44	0.46	0.45	0.41	0.42

Societe Centrale des Bois et Scieries de la Manche LT-Debt-to-Total-Asset Calculation

Societe Centrale des Bois et Scieries de la Manche's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	197.975	/	479.853
	=	0.41

Societe Centrale des Bois et Scieries de la Manche'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 )
	=	196.189	/	471.83
	=	0.42

Societe Centrale des Bois et Scieries de la Manche (XPAR:CBSM) 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.

Societe Centrale des Bois et Scieries de la Manche LT-Debt-to-Total-Asset Related Terms

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Societe Centrale des Bois et Scieries de la Manche (XPAR:CBSM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Societe Centrale des Bois et Scieries de la Manche (XPAR:CBSM) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

0IK0:UK

Address

12 rue Godot de Mauroy, Paris, FRA, 75009

Website

http://www.scbsm.fr

Société Centrale des Bois et Scieries de la Manche is a Real estate investment trust. It is engaged in the ownership, management, and lease of real estate properties in France. The company acquires and rents commercial and residential properties.

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