VNV Global AB (OSTO:VNV) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is VNV Global 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. VNV Global AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

VNV Global AB's long-term debt to total assets ratio declined from Mar. 2023 (0.19) to Mar. 2024 (0.14). It may suggest that VNV Global AB is progressively becoming less dependent on debt to grow their business.

VNV Global AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for VNV Global 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.

VNV Global AB LT-Debt-to-Total-Asset Chart

VNV Global 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

0.08

0.09

0.21

0.18

VNV Global 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															0.19	0.18	0.17	0.18	0.14

VNV Global AB LT-Debt-to-Total-Asset Calculation

VNV Global 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 )
	=	1560.366	/	8458.643
	=	0.18

VNV Global 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 )
	=	1141.006	/	8143.011
	=	0.14

VNV Global AB (OSTO:VNV) 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.

VNV Global AB LT-Debt-to-Total-Asset Related Terms

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

VNV Global AB (OSTO:VNV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VNV Global AB (OSTO:VNV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

82K:Germany

Address

Master Samuelsgatan 1, 1st Floor, Stockholm, SWE, SE-111 44

Website

https://www.vnv.global

VNV Global is an investment company. It is focused on long-term investments in primarily unlisted companies in both developed and emerging markets. The company's business concept is to identify and invest in assets with potential for value appreciation with a special focus on businesses with strong network effects. The investment portfolio consists of holdings in the sectors of digital health, mobility, classifieds, and other.

VNV Global AB (OSTO:VNV) Headlines

No Headlines