Addtech AB (LTS:0QI7) Debt-to-Asset : 0.36 (As of Sep. 2024)

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What is Addtech AB Debt-to-Asset?

Addtech AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr1,123 Mil. Addtech AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr5,300 Mil. Addtech AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was kr17,982 Mil. Addtech AB's debt to asset for the quarter that ended in Sep. 2024 was 0.36.

Addtech AB Debt-to-Asset Historical Data

The historical data trend for Addtech AB'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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Addtech AB Debt-to-Asset Chart

Addtech AB Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.31

0.33

0.34

0.31

Addtech AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.34	0.34	0.31	0.32	0.36

Competitive Comparison of Addtech AB's Debt-to-Asset

For the Industrial Distribution subindustry, Addtech AB'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.

Addtech AB's Debt-to-Asset Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Addtech AB's Debt-to-Asset distribution charts can be found below:

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

Addtech AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Addtech AB's Debt-to-Asset for the fiscal year that ended in Mar. 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
	=	(1333	+	3892)	/	16657
	=	0.31

Addtech AB's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(1123	+	5300)	/	17982
	=	0.36

Addtech AB (LTS:0QI7) 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.

Addtech AB Debt-to-Asset Related Terms

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Addtech AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Addtech AB (LTS:0QI7) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

ADDHY:USA ADDT B:Sweden ADDTBs:UK AZZ2:Germany

Address

Birger Jarlsgatan 43, Box 5112, Stockholm, SWE, SE-102 43

Website

https://www.addtech.com

Addtech AB is a group of businesses offering high-tech products and solutions to customers in the manufacturing and infrastructure sectors. The company's segment includes Automation; Electrification; Energy; Industrial Solutions and Process Technology. It generates maximum revenue from the Energy segment. Energy produces and sells products for electricity transmission, electrical installation, and safety products in transport. Geographically, the company derives maximum revenue from Sweden, and the rest from Denmark, Finland, Norway, the Rest of Europe, and other countries.

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