ALM Equity AB (OSTO:ALM) LT-Debt-to-Total-Asset : 0.26 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is ALM Equity 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. ALM Equity AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.26.

ALM Equity AB's long-term debt to total assets ratio increased from Mar. 2023 (0.18) to Mar. 2024 (0.26). It may suggest that ALM Equity AB is progressively becoming more dependent on debt to grow their business.

ALM Equity AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for ALM Equity 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.

* Premium members only.

ALM Equity AB LT-Debt-to-Total-Asset Chart

ALM Equity AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.24

0.33

0.21

0.18

0.25

ALM Equity 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															0.18	0.19	0.21	0.25	0.26

ALM Equity AB LT-Debt-to-Total-Asset Calculation

ALM Equity 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 )
	=	1908	/	7657
	=	0.25

ALM Equity 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 )
	=	1906	/	7395
	=	0.26

ALM Equity AB (OSTO:ALM) 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.

ALM Equity AB LT-Debt-to-Total-Asset Related Terms

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

ALM Equity AB (OSTO:ALM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ALM Equity AB (OSTO:ALM) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

ALM PREF:Sweden

Address

Regeringsgatan 59, Stockholm, SWE, 111 56

Website

https://www.almequity.se

ALM Equity AB is a real estate development company. The company is engaged in residential development projects, construction management, financing solutions and digital services.

ALM Equity AB (OSTO:ALM) Headlines

From GuruFocus

ALFI Inc: A Little Known Yet Compelling Ad-Tech Play

By Ishan Majumdar Ishan Majumdar • 05-07-2021

Alfi: Solid Growth Potential Lies Ahead

By Ishan Majumdar Ishan Majumdar • 06-02-2021