TietoEVRY (FRA:TTEB) Debt-to-Asset : 0.36 (As of Dec. 2024)

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What is TietoEVRY Debt-to-Asset?

TietoEVRY's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €386 Mil. TietoEVRY's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €712 Mil. TietoEVRY's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was €3,054 Mil. TietoEVRY's debt to asset for the quarter that ended in Dec. 2024 was 0.36.

TietoEVRY Debt-to-Asset Historical Data

The historical data trend for TietoEVRY's Debt-to-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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TietoEVRY Debt-to-Asset Chart

TietoEVRY Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.32

0.27

0.28

0.33

0.36

TietoEVRY Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.33	0.34	0.33	0.34	0.36

Competitive Comparison of TietoEVRY's Debt-to-Asset

For the Information Technology Services subindustry, TietoEVRY's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TietoEVRY's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, TietoEVRY's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where TietoEVRY's Debt-to-Asset falls into.

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TietoEVRY Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TietoEVRY's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(385.5	+	712.2)	/	3054.3
	=	0.36

TietoEVRY's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(385.5	+	712.2)	/	3054.3
	=	0.36

TietoEVRY (FRA:TTEB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

TietoEVRY Debt-to-Asset Related Terms

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

TietoEVRY Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TietoEVRY Corp (FRA:TTEB) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TIETOS:Sweden TIETO:Norway TIETOh:UK 0KG0:UK TIETO:Finland TTEB:Germany

Address

Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, FI-02101

Website

https://www.tietoevry.com

TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public sector customers in more than 90 countries. Tietoevry Group is comprised of five operating segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The maximum revenue is derived from the Tietoevry Tech Services segment. Tietoevry Tech Services is a Nordic multi-cloud platform provider with a full range of infrastructure choices at scale aiming to ensure resilience, security, and compliance for customers' business. Its business comprises application and data services, cloud platforms and security services, traditional Infrastructure services, and user experience services.

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