Q-Free ASA (Q-Free ASA) Debt-to-Asset : 0.19 (As of Sep. 2023)

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What is Q-Free ASA Debt-to-Asset?

Q-Free ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.4 Mil. Q-Free ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $15.8 Mil. Q-Free ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $102.7 Mil. Q-Free ASA's debt to asset for the quarter that ended in Sep. 2023 was 0.19.

Q-Free ASA Debt-to-Asset Historical Data

The historical data trend for Q-Free ASA'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.

Q-Free ASA Debt-to-Asset Chart

Q-Free ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

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0.23

0.33

0.41

0.31

0.27

Q-Free ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial															0.23	0.27	0.19	0.19	0.19

Competitive Comparison of Q-Free ASA's Debt-to-Asset

For the Infrastructure Operations subindustry, Q-Free ASA'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.

Q-Free ASA's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Q-Free ASA's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Q-Free ASA's Debt-to-Asset falls into.

Q-Free ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Q-Free ASA's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(7.957	+	21.916)	/	109.649
	=	0.27

Q-Free ASA's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(3.435	+	15.784)	/	102.727
	=	0.19

Q-Free ASA (OTCPK:QFREF) 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.

Q-Free ASA Debt-to-Asset Related Terms

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Q-Free ASA (Q-Free ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Q-Free ASA (OTCPK:QFREF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strindfjordvegen 1, Ranheim, NOR, 7053

Website

https://www.q-free.com

Q-Free ASA is engaged in the business of supplying products and solutions within Road User Charging (RUC) and Advanced Transportation Management Systems (ATMs). The company has three segments, namely Tolling, Traffic Management, and Assets held for sale. The majority of its revenue comes from the Tolling segment. Its Tolling solutions include Electronic Multi-Lane Free-Flow Toll Collection, Congestion Charging & Low-Emission Zones, Road User Charging, Enforcement, and Truck & Ferry Tolling. Its geographical segments are Europe, APMEA (Asia Pacific/Middle East/Africa), and the Americas.

Q-Free ASA (Q-Free ASA) Headlines

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