Europris ASA (FRA:2RG) LT-Debt-to-Total-Asset : 0.34 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Europris ASA 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. Europris ASA's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.34.

Europris ASA's long-term debt to total assets ratio declined from Mar. 2023 (0.36) to Mar. 2024 (0.34). It may suggest that Europris ASA is progressively becoming less dependent on debt to grow their business.

Europris ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Europris ASA'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.

* Premium members only.

Europris ASA LT-Debt-to-Total-Asset Chart

Europris ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.28

0.39

0.35

0.34

Europris ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.36	0.35	0.34	0.34

Europris ASA LT-Debt-to-Total-Asset Calculation

Europris ASA'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 )
	=	271.364	/	809.458
	=	0.34

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	262.537	/	769.634
	=	0.34

Europris ASA (FRA:2RG) 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.

Europris ASA LT-Debt-to-Total-Asset Related Terms

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

Europris ASA (FRA:2RG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Europris ASA (FRA:2RG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EPRo:Sweden EPR:Norway EPRo:UK 0RAI:UK

Address

Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661

Website

https://www.europris.no

Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.

Europris ASA (FRA:2RG) Headlines

No Headlines