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Wall to Wall Group AB (OSTO:WTW A) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)


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What is Wall to Wall Group 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. Wall to Wall Group AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Wall to Wall Group AB's long-term debt to total assets ratio declined from Mar. 2023 (0.15) to Mar. 2024 (0.13). It may suggest that Wall to Wall Group AB is progressively becoming less dependent on debt to grow their business.


Wall to Wall Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wall to Wall Group 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.

Wall to Wall Group AB LT-Debt-to-Total-Asset Chart

Wall to Wall Group AB Annual Data
Trend Apr21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.13 0.13

Wall to Wall Group AB Quarterly Data
Oct21 Jan22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.15 0.15 0.12 0.13 0.13

Wall to Wall Group AB LT-Debt-to-Total-Asset Calculation

Wall to Wall Group 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 )
=201.7/1572.2
=0.13

Wall to Wall Group 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 )
=197.2/1553.3
=0.13

* 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.


Wall to Wall Group AB  (OSTO:WTW A) 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.


Wall to Wall Group AB LT-Debt-to-Total-Asset Related Terms

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Wall to Wall Group AB (OSTO:WTW A) Business Description

Traded in Other Exchanges
N/A
Address
Linnegatan 2, Box 5712, Stockholm, SWE, 11487
Wall to Wall Group AB is engaged in pipe collection, pipe flushing, maintenance and sealing of ventilation ducts, as well as other complementary and related services that are sold and performed in the same market channels, such as geothermal solutions in apartment buildings.

Wall to Wall Group AB (OSTO:WTW A) Headlines

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