Hydract AS (OCSE:HYDRCT) Debt-to-Asset : 0.34 (As of Jun. 2024)

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What is Hydract AS Debt-to-Asset?

Hydract AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr1.59 Mil. Hydract AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr12.13 Mil. Hydract AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was kr40.64 Mil. Hydract AS's debt to asset for the quarter that ended in Jun. 2024 was 0.34.

Hydract AS Debt-to-Asset Historical Data

The historical data trend for Hydract AS'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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Hydract AS Debt-to-Asset Chart

Hydract AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.06

0.16

0.06

0.05

0.23

Hydract AS Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial					0.07	0.05	0.08	0.23	0.34

Competitive Comparison of Hydract AS's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Hydract AS'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.

Hydract AS's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hydract AS's Debt-to-Asset distribution charts can be found below:

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

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Hydract AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hydract AS's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.588	+	8.119)	/	46.412
	=	0.23

Hydract AS's Debt-to-Asset for the quarter that ended in Jun. 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
	=	(1.59	+	12.131)	/	40.636
	=	0.34

Hydract AS (OCSE:HYDRCT) 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.

Hydract AS Debt-to-Asset Related Terms

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Hydract AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hydract AS (OCSE:HYDRCT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nybovej 34, Holstebro, DNK, DK-7500

Website

https://www.hydract.com

Hydract AS is engaged in producing and selling process valves and process solutions with the patented water-hydraulic process valve. It sells to the food industry and currently has customers in the brewing industry and the dairy industry. The customer segment also includes customers in the sanitary industry.

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