Smartbroker Holding AG (XTER:SB1) LT-Debt-to-Total-Asset : 0.12 (As of Jun. 2023)

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What is Smartbroker Holding 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. Smartbroker Holding AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.12.

Smartbroker Holding AG's long-term debt to total assets ratio declined from Jun. 2022 (0.15) to Jun. 2023 (0.12). It may suggest that Smartbroker Holding AG is progressively becoming less dependent on debt to grow their business.

Smartbroker Holding AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Smartbroker Holding 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.

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Smartbroker Holding AG LT-Debt-to-Total-Asset Chart

Smartbroker Holding AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.11

0.05

0.14

Smartbroker Holding AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.05	0.15	0.14	0.12

Smartbroker Holding AG LT-Debt-to-Total-Asset Calculation

Smartbroker Holding AG'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 )
	=	10.443	/	73.933
	=	0.14

Smartbroker Holding AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	8.371	/	72.043
	=	0.12

Smartbroker Holding AG (XTER:SB1) 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.

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Smartbroker Holding AG (XTER:SB1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Smartbroker Holding AG (XTER:SB1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SB1:Germany SB1:Germany

Address

Ritterstrasse 11, Berlin, DEU, 10969

Website

https://www.smartbroker-holding.de

Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.

Executives

André Kolbinger	Board of Directors
Marcus Seidel	Supervisory Board
René Krüger	Supervisory Board
Roland Nicklaus	Board of Directors

Smartbroker Holding AG (XTER:SB1) Headlines

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