Burelle (FRA:7SP) LT-Debt-to-Total-Asset : 0.18 (As of Jun. 2024)

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What is Burelle 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. Burelle's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.18.

Burelle's long-term debt to total assets ratio declined from Jun. 2023 (0.19) to Jun. 2024 (0.18). It may suggest that Burelle is progressively becoming less dependent on debt to grow their business.

Burelle LT-Debt-to-Total-Asset Historical Data

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

Burelle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.19

0.21

0.20

0.13

Burelle Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.20	0.19	0.13	0.18

Burelle LT-Debt-to-Total-Asset Calculation

Burelle'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 )
	=	1063.407	/	8030.765
	=	0.13

Burelle's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	1459.61	/	8275
	=	0.18

Burelle (FRA:7SP) 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.

Burelle LT-Debt-to-Total-Asset Related Terms

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Burelle Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Burelle SA (FRA:7SP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BUR:France

Address

1, rue Francois 1er, Paris, FRA, 75008

Website

http://www.burelle.fr

Burelle SA functions in the auto parts industry in France. The company operates through its subsidiaries and is one of the leading companies in the automotive equipment market. Its products mainly include automobile plastic body parts. It also manufactures fuel and pollution control systems. Burelle has a global presence through its subsidiaries operating in major continents.

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