Podravka DD (ZAG:PODR) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Podravka DD 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. Podravka DD's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Podravka DD's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.01). It may suggest that Podravka DD is progressively becoming less dependent on debt to grow their business.

Podravka DD LT-Debt-to-Total-Asset Historical Data

The historical data trend for Podravka DD'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.

Podravka DD LT-Debt-to-Total-Asset Chart

Podravka DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.11

0.08

0.04

0.01

Podravka DD Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Podravka DD LT-Debt-to-Total-Asset Calculation

Podravka DD'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 )
	=	8.671	/	778.07
	=	0.01

Podravka DD'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 )
	=	8.671	/	778.07
	=	0.01

Podravka DD (ZAG:PODR) 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.

Podravka DD LT-Debt-to-Total-Asset Related Terms

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

Podravka DD (ZAG:PODR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Podravka DD (ZAG:PODR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ante Starcevica 32, Koprivnica, HRV, 48000

Website

https://www.podravka.com

Podravka DD is a Croatia-based company engaged in the production of food products and non-alcoholic beverages. The reportable segments of the company are Food, Pharmaceuticals, and other segments. Geographical presence in Markets of Croatia and Slovenia, Southeastern Europe, Central Europe, Central Europe and Eastern Europe. Majority of its revenue comes from Markets of Croatia and Slovenia.

Podravka DD (ZAG:PODR) Headlines

No Headlines