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Better Collective AS (OSTO:BETCO) Debt-to-Asset : 0.28 (As of Dec. 2023)


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What is Better Collective AS Debt-to-Asset?

Better Collective AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr30 Mil. Better Collective AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr2,931 Mil. Better Collective AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was kr10,491 Mil. Better Collective AS's debt to asset for the quarter that ended in Dec. 2023 was 0.28.


Better Collective AS Debt-to-Asset Historical Data

The historical data trend for Better Collective 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.

* Premium members only.

Better Collective AS Debt-to-Asset Chart

Better Collective AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.23 0.21 0.27 0.28

Better Collective AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.26 0.29 0.28 0.28

Competitive Comparison of Better Collective AS's Debt-to-Asset

For the Software - Application subindustry, Better Collective 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.


Better Collective AS's Debt-to-Asset Distribution in the Software Industry

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

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



Better Collective AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Better Collective 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
=(30.225 + 2930.553) / 10490.963
=0.28

Better Collective AS's Debt-to-Asset for the quarter 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
=(30.225 + 2930.553) / 10490.963
=0.28

* 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.


Better Collective AS  (OSTO:BETCO) 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.


Better Collective AS Debt-to-Asset Related Terms

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Better Collective AS (OSTO:BETCO) Business Description

Traded in Other Exchanges
Address
Toldbodgade 12, Copenhagen, DNK, 1253
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing and Paid Media. It generates maximum revenue from the Publishing segment. The Publishing business segment includes revenue from Better Collective's proprietary online platforms and media partnerships where the online traffic is coming either directly or through organic search results.

Better Collective AS (OSTO:BETCO) Headlines

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