Bilia AB (FRA:BHJC) LT-Debt-to-Total-Asset : 0.27 (As of Mar. 2024)

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What is Bilia AB 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. Bilia AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.27.

Bilia AB's long-term debt to total assets ratio increased from Mar. 2023 (0.22) to Mar. 2024 (0.27). It may suggest that Bilia AB is progressively becoming more dependent on debt to grow their business.

Bilia AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bilia AB'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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Bilia AB LT-Debt-to-Total-Asset Chart

Bilia AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.23

0.22

0.27

0.20

0.26

Bilia AB 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															0.22	0.26	0.26	0.26	0.27

Bilia AB LT-Debt-to-Total-Asset Calculation

Bilia AB'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 )
	=	456.73	/	1733.857
	=	0.26

Bilia AB'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 )
	=	466.747	/	1718.356
	=	0.27

Bilia AB (FRA:BHJC) 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.

Bilia AB LT-Debt-to-Total-Asset Related Terms

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Bilia AB (FRA:BHJC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bilia AB (FRA:BHJC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BILI A:Sweden BILIAs:UK 0RQ2:UK

Address

Norra Langebergsgatan 3, Vastra Frolunda, Box 9003, Gothenburg, SWE, SE-400 91

Website

https://www.bilia.com

Bilia AB is a Scandinavian car retail company. The company is split into three business segments: Service, Car, and Fuel. The Car segment, which offers both new and used cars and transport vehicles, generates the majority of the company's revenue. Its lineup of car brands focuses on the medium price range of automobiles. The Sevice segment is composed of service and damage centers, spare parts, car washes, tyre and glass centers, and other accessory services. The Fuel segment includes fuel sales in Sweden. The company's geographical segments include Sweden, Norway, Germany, Luxembourg, and Belgium.

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