SECITS Holding AB (OSTO:SECI) Debt-to-Asset : 0.21 (As of Sep. 2024)

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What is SECITS Holding AB Debt-to-Asset?

SECITS Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr9.9 Mil. SECITS Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr13.2 Mil. SECITS Holding AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was kr107.7 Mil. SECITS Holding AB's debt to asset for the quarter that ended in Sep. 2024 was 0.21.

SECITS Holding AB Debt-to-Asset Historical Data

The historical data trend for SECITS Holding 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.

SECITS Holding AB Debt-to-Asset Chart

SECITS Holding AB Annual Data

Trend

Aug16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.25

0.12

0.18

0.21

0.17

SECITS Holding 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															0.25	0.17	0.19	0.21	0.21

Competitive Comparison of SECITS Holding AB's Debt-to-Asset

For the Information Technology Services subindustry, SECITS Holding 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.

SECITS Holding AB's Debt-to-Asset Distribution in the Software Industry

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

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

SECITS Holding AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

SECITS Holding 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
	=	(8.134	+	16.491)	/	144.19
	=	0.17

SECITS Holding 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
	=	(9.868	+	13.193)	/	107.701
	=	0.21

SECITS Holding AB (OSTO:SECI) 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.

SECITS Holding AB Debt-to-Asset Related Terms

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SECITS Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SECITS Holding AB (OSTO:SECI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Markorgatan 2, Handset, Stockholm, SWE, 136 44

Website

http://www.secits.se

SECITS Holding AB is an IT security company that delivers cloud-based monitoring services. The company offers camera surveillance, bank security, process monitoring, cloud service. It develops technology solutions to manage security solutions and business intelligence in a global market. It has offices in Sweden, in Stockholm, Gothenburg, Sundsvall, and Kramfors.

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