Dr Hoenle AG (XTER:HNL) LT-Debt-to-Total-Asset : 0.24 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Dr Hoenle AG 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. Dr Hoenle AG's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.24.

Dr Hoenle AG's long-term debt to total assets ratio increased from Mar. 2023 (0.23) to Mar. 2024 (0.24). It may suggest that Dr Hoenle AG is progressively becoming more dependent on debt to grow their business.

Dr Hoenle AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dr Hoenle AG'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.

Dr Hoenle AG LT-Debt-to-Total-Asset Chart

Dr Hoenle AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.20

0.24

0.16

0.25

Dr Hoenle AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.24	0.25	0.25	0.24

Dr Hoenle AG LT-Debt-to-Total-Asset Calculation

Dr Hoenle AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	43.143	/	176.156
	=	0.24

Dr Hoenle AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	40.722	/	168.899
	=	0.24

Dr Hoenle AG (XTER:HNL) 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.

Dr Hoenle AG LT-Debt-to-Total-Asset Related Terms

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

Dr Hoenle AG (XTER:HNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dr Hoenle AG (XTER:HNL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HNL:Germany HNL:Germany

Address

Nicolaus-Otto-Street 2, Gilching, Munich, BY, DEU, 82205

Website

https://www.hoenle.de

Dr Hoenle AG supplies industrial UV technology. It operates in three business segments: The Equipment and Systems segment, which accounts for the majority of revenue, includes devices for UVC air and surface disinfection, and it is used for drying inks and coatings, for curing adhesives and plastics, and for solar simulation. The Glass and Lamps segment includes the development, production, and sale of tubing and semi-finished goods made of quartz glass as well as the manufacture of UV medium?pressure and low-pressure lamps. Adhesives segment, which includes industrial adhesives designed for a broad spectrum of applications such as electronics, medical technology, optics, and glass processing. The company generates the majority of its revenue from sales in other countries.

Dr Hoenle AG (XTER:HNL) Headlines

No Headlines