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SSAB AB (STU:SKWC) Debt-to-Asset : 0.09 (As of Sep. 2024)


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What is SSAB AB Debt-to-Asset?

SSAB AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €85 Mil. SSAB AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €760 Mil. SSAB AB's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €9,228 Mil. SSAB AB's debt to asset for the quarter that ended in Sep. 2024 was 0.09.

SSAB AB Debt-to-Asset Historical Data

The historical data trend for SSAB 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.

SSAB AB Debt-to-Asset Chart

SSAB AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.20 0.11 0.10 0.10

SSAB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.09 0.09

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

For the Steel subindustry, SSAB 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.

SSAB AB's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB's Debt-to-Asset distribution charts can be found below:

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


SSAB AB Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

SSAB 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
=(195.959 + 753.618) / 9640.497
=0.10

SSAB 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
=(85.176 + 759.803) / 9228.269
=0.09

* 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.

SSAB AB  (STU:SKWC) 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.

SSAB AB Debt-to-Asset Related Terms

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SSAB AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SSAB AB (STU:SKWC) » Definitions » Debt-to-Asset
Comparable Companies
OSTO:ALLEI OSTO:BEGR NUE BOM:500228 NSE:TATASTEEL SHSE:600019 STLD XAMS:MT TSE:5401 XKRX:005490 RS SHSE:600010 BOM:532286 TPE:2002 MIC:CHMF SZSE:000708 X BOM:526371 TSE:5411 TX
Traded in Other Exchanges
SSABF:USA SSAAY:USA SSAAF:USA SSAB B:Sweden SSAB A:Sweden SSABBs:UK SSABAs:UK 0MHZ:UK 0KII:UK SSABBH:Finland SSABAH:Finland SKWC:Germany
Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
Website
https://www.ssab.com
SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.

SSAB AB Headlines

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