Adverty AB (NGM:ADVT) Debt-to-Asset : 0.06 (As of Mar. 2024)

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What is Adverty AB Debt-to-Asset?

Adverty AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.00 Mil. Adverty AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr4.00 Mil. Adverty AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr66.89 Mil. Adverty AB's debt to asset for the quarter that ended in Mar. 2024 was 0.06.

Adverty AB Debt-to-Asset Historical Data

The historical data trend for Adverty AB's Debt-to-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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Adverty AB Debt-to-Asset Chart

Adverty AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.87

0.01

0.24

Adverty AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.35	0.38	0.24	0.06

Competitive Comparison of Adverty AB's Debt-to-Asset

For the Advertising Agencies subindustry, Adverty AB's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Adverty AB's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Adverty AB's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Adverty AB's Debt-to-Asset falls into.

Adverty AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Adverty AB's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	13.7)	/	57.563
	=	0.24

Adverty AB's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	4)	/	66.886
	=	0.06

Adverty AB (NGM:ADVT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Adverty AB Debt-to-Asset Related Terms

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Adverty AB (NGM:ADVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Adverty AB (NGM:ADVT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rosterigrand 16, Stockholm, SWE, SE-117 61

Website

https://www.adverty.com

Adverty AB is engaged in the development and operation of advertising solutions for Virtual Reality and Augmented Reality and related business.

Adverty AB (NGM:ADVT) Headlines

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