TH1NG AB (OSTO:TH1NG) Debt-to-Asset : 0.21 (As of Sep. 2024)

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What is TH1NG AB Debt-to-Asset?

TH1NG AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr0.00 Mil. TH1NG AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was kr5.95 Mil. TH1NG AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was kr27.92 Mil. TH1NG AB's debt to asset for the quarter that ended in Sep. 2024 was 0.21.

TH1NG AB Debt-to-Asset Historical Data

The historical data trend for TH1NG 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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TH1NG AB Debt-to-Asset Chart

TH1NG AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.16

TH1NG AB Quarterly Data
	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													-	0.16	0.20	0.23	0.21

Competitive Comparison of TH1NG AB's Debt-to-Asset

For the Telecom Services subindustry, TH1NG 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.

TH1NG AB's Debt-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TH1NG AB's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where TH1NG AB's Debt-to-Asset falls into.

TH1NG AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TH1NG 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
	=	(0	+	5.044)	/	31.214
	=	0.16

TH1NG 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
	=	(0	+	5.948)	/	27.92
	=	0.21

TH1NG AB (OSTO:TH1NG) 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.

TH1NG AB Debt-to-Asset Related Terms

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TH1NG AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TH1NG AB (OSTO:TH1NG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Drottninggatan 67, Stockholm, SWE, 111 36

Website

https://www.th1ng.se

TH1NG AB is the innovative player that delivers and enables smart connected services and internet connection to everything and everyone.

TH1NG AB Headlines

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