Acroud AB (OSTO:ACROUD) LT-Debt-to-Total-Asset : 0.35 (As of Mar. 2024)

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What is Acroud 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. Acroud AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.35.

Acroud AB's long-term debt to total assets ratio increased from Mar. 2023 (0.24) to Mar. 2024 (0.35). It may suggest that Acroud AB is progressively becoming more dependent on debt to grow their business.

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

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

Acroud AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.36

0.25

0.36

Acroud 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															0.24	0.32	0.31	0.36	0.35

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

Acroud 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 )
	=	199.66	/	559.358
	=	0.36

Acroud 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 )
	=	195.97	/	558.917
	=	0.35

Acroud AB (OSTO:ACROUD) 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.

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

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Acroud AB (OSTO:ACROUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acroud AB (OSTO:ACROUD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

PO Box 7385, Stockholm, SWE, SE-103 91

Website

https://www.acroud.com

Acroud AB owns, operates and develops comparison sites primarily within iGaming affiliation in order to help its partners by driving users to the company's customers - primarily gaming operators. The operating business segments are igaming affiliation and SaaS segment. The iGaming Affiliation Segment is the underlying affiliate business containing the traditional business areas, Poker, Sports Betting and Casino. The SaaS segment comprises the B2B software solutions to other affiliates and increase their growth and profit with technology base.

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