Hifab Group AB (OSTO:HIFA B) Debt-to-Asset : 0.22 (As of Mar. 2024)

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What is Hifab Group AB Debt-to-Asset?

Hifab Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr24.8 Mil. Hifab Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr11.2 Mil. Hifab Group AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr166.0 Mil. Hifab Group AB's debt to asset for the quarter that ended in Mar. 2024 was 0.22.

Hifab Group AB Debt-to-Asset Historical Data

The historical data trend for Hifab Group 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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Hifab Group AB Debt-to-Asset Chart

Hifab Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.16

0.13

0.22

0.21

0.23

Hifab Group 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															0.26	0.22	0.30	0.23	0.22

Competitive Comparison of Hifab Group AB's Debt-to-Asset

For the Engineering & Construction subindustry, Hifab Group 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.

Hifab Group AB's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hifab Group AB's Debt-to-Asset distribution charts can be found below:

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

Hifab Group AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hifab Group 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
	=	(25.063	+	11.375)	/	161.27
	=	0.23

Hifab Group 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
	=	(24.8	+	11.2)	/	166
	=	0.22

Hifab Group AB (OSTO:HIFA 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.

Hifab Group AB Debt-to-Asset Related Terms

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Hifab Group AB (OSTO:HIFA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hifab Group AB (OSTO:HIFA B) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sveavagen 167, P O Box 19090, Stockholm, SWE, SE-104 32

Website

http://www.hifab.se

Hifab Group AB is a Sweden-based project management company. It is primarily engaged in providing project management and advisory services to achieve sustainable development and optimization of the resources. The service offered by the company includes planning management, construction and installation management, environmental control, inspection services, and other services. The company operates in Sweden, Asia, Africa, and the Rest of Europe, out of which the majority of the revenue is generated from Sweden.

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