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Chemins de Fer Departementaux (XPAR:MLCFD) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2022)


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What is Chemins de Fer Departementaux 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. Chemins de Fer Departementaux's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.27.

Chemins de Fer Departementaux's long-term debt to total assets ratio increased from Dec. 2020 (0.19) to Dec. 2022 (0.27). It may suggest that Chemins de Fer Departementaux is progressively becoming more dependent on debt to grow their business.


Chemins de Fer Departementaux LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chemins de Fer Departementaux'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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Chemins de Fer Departementaux LT-Debt-to-Total-Asset Chart

Chemins de Fer Departementaux Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.20 0.18 0.19 0.19 0.27

Chemins de Fer Departementaux Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.20 0.18 0.19 0.19 0.27

Chemins de Fer Departementaux LT-Debt-to-Total-Asset Calculation

Chemins de Fer Departementaux's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=7.731/28.72
=0.27

Chemins de Fer Departementaux's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )/Total Assets (Q: Dec. 2022 )
=7.731/28.72
=0.27

* 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.


Chemins de Fer Departementaux  (XPAR:MLCFD) 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.


Chemins de Fer Departementaux LT-Debt-to-Total-Asset Related Terms

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Chemins de Fer Departementaux (XPAR:MLCFD) Business Description

Traded in Other Exchanges
N/A
Address
9-11 rue Benoit Malon, Suresnes, Paris, FRA, 92150
Chemins de Fer Departementaux designs, constructs and installs railroad materials and equipment. The company's products includes locomotives, maneuvering and line locomotives, rail-road engines, rail cars, passenger cars, funiculars and electric rail car branches.

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