Midsummer AB (OSTO:MIDS) Debt-to-Asset : 0.59 (As of Dec. 2024)

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What is Midsummer AB Debt-to-Asset?

Midsummer AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr10.37 Mil. Midsummer AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr237.48 Mil. Midsummer AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was kr418.06 Mil. Midsummer AB's debt to asset for the quarter that ended in Dec. 2024 was 0.59.

Midsummer AB Debt-to-Asset Historical Data

The historical data trend for Midsummer 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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Midsummer AB Debt-to-Asset Chart

Midsummer AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.41

0.44

0.52

0.46

0.59

Midsummer AB 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															0.46	0.46	0.54	0.58	0.59

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

For the Solar subindustry, Midsummer 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.

Midsummer AB's Debt-to-Asset Distribution in the Semiconductors Industry

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

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

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Midsummer AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Midsummer AB'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
	=	(10.372	+	237.477)	/	418.064
	=	0.59

Midsummer AB'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
	=	(10.372	+	237.477)	/	418.064
	=	0.59

Midsummer AB (OSTO:MIDS) 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.

Midsummer AB Debt-to-Asset Related Terms

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Midsummer AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Midsummer AB (OSTO:MIDS) » Definitions » Debt-to-Asset

Traded in Other Exchanges

5UX:Germany

Address

Elektronikhojden 6, Jarfalla, SWE, 175 43

Website

http://www.midsummer.se

Midsummer AB is a supplier of equipment for cost-effective manufacturing of CIGS thin film solar cells. The company manufactures solar panels which can be attached on any type of surfaces, such as, membrane roofs, portable power plants, marine installations, vehicle usage, landfill covers or other infrastructure projects.

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