SVZRF (Svitzer Group AS) Debt-to-Asset : 0.35 (As of Jun. 2024)

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What is Svitzer Group AS Debt-to-Asset?

Svitzer Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $11.1 Mil. Svitzer Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $619.2 Mil. Svitzer Group AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $1,792.0 Mil. Svitzer Group AS's debt to asset for the quarter that ended in Jun. 2024 was 0.35.

Svitzer Group AS Debt-to-Asset Historical Data

The historical data trend for Svitzer Group AS'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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Svitzer Group AS Debt-to-Asset Chart

Svitzer Group AS Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.08

0.47

Svitzer Group AS Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	0.08	0.08	-	0.47	0.35

Competitive Comparison of Svitzer Group AS's Debt-to-Asset

For the Marine Shipping subindustry, Svitzer Group AS'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.

Svitzer Group AS's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Svitzer Group AS's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Svitzer Group AS's Debt-to-Asset falls into.

Svitzer Group AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Svitzer Group AS'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
	=	(872.447	+	111.488)	/	2103.646
	=	0.47

Svitzer Group AS's Debt-to-Asset for the quarter that ended in Jun. 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
	=	(11.105	+	619.159)	/	1791.998
	=	0.35

Svitzer Group AS (OTCPK:SVZRF) 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.

Svitzer Group AS Debt-to-Asset Related Terms

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Svitzer Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Svitzer Group AS (OTCPK:SVZRF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

SVITZc:UK SVITZR:Denmark 9Y1:Germany

Address

Sundkrogsgade 17, Copenhagen, DNK, 2100

Website

https://www.svitzer.com

Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage and Terminal Towage.

Svitzer Group AS Headlines

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