Betsson AB (OSTO:BETS B) Debt-to-Asset : 0.14 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Betsson AB Debt-to-Asset?

Betsson AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr92 Mil. Betsson AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,978 Mil. Betsson AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr14,464 Mil. Betsson AB's debt to asset for the quarter that ended in Mar. 2024 was 0.14.

Betsson AB Debt-to-Asset Historical Data

The historical data trend for Betsson 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.

* Premium members only.

Betsson AB Debt-to-Asset Chart

Betsson AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.14

0.15

0.13

0.11

0.15

Betsson 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															0.11	0.10	0.15	0.15	0.14

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

For the Gambling subindustry, Betsson 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.

Betsson AB's Debt-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's Debt-to-Asset distribution charts can be found below:

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

Betsson AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Betsson 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
	=	(108.505	+	1951.964)	/	13424.368
	=	0.15

Betsson 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
	=	(91.665	+	1978.147)	/	14463.785
	=	0.14

Betsson AB (OSTO:BETS B) 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.

Betsson AB Debt-to-Asset Related Terms

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

Betsson AB (OSTO:BETS B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Betsson AB (OSTO:BETS B) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

V72:Germany

Address

Regeringsgatan 28, Stockholm, SWE, 111 53

Website

https://www.betssonab.com

Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (OSTO:BETS B) Headlines

No Headlines