Bong AB (OSTO:BONG) Debt-to-Asset : 0.23 (As of Mar. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Bong AB Debt-to-Asset?

Bong AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr210 Mil. Bong AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr168 Mil. Bong AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was kr1,651 Mil. Bong AB's debt to asset for the quarter that ended in Mar. 2024 was 0.23.

Bong AB Debt-to-Asset Historical Data

The historical data trend for Bong 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.

* Premium members only.

Bong AB Debt-to-Asset Chart

Bong AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.23

0.25

0.26

0.24

Bong AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.25	0.24	0.24	0.23

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

For the Packaging & Containers subindustry, Bong 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.

Bong AB's Debt-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bong AB's Debt-to-Asset distribution charts can be found below:

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

Bong AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bong AB'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
	=	(209.05	+	171.033)	/	1571.28
	=	0.24

Bong AB's Debt-to-Asset for the quarter 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
	=	(209.7	+	168)	/	1650.7
	=	0.23

Bong AB (OSTO:BONG) 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.

Bong AB Debt-to-Asset Related Terms

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

Bong AB (OSTO:BONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bong AB (OSTO:BONG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Uddevagen 3, Box 516, Kristianstad, SWE, SE-291 25

Website

http://www.bong.com

Bong AB is a Sweden-based company providing specialized packaging and envelope products. It also offers solutions for the distribution and packaging of information, advertising materials, and lightweight goods. It offers a variety of shapes and sizes in the envelopes including standard and customized envelopes, gifts, and retail packaging products. Geographically, it has operations in Sweden, Nordic and Baltic, Central Europe, North Africa, the United Kingdom, South Europe, and Others.

Bong AB (OSTO:BONG) Headlines

No Headlines