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Nordisk Bergteknik AB (OSTO:NORB B) Debt-to-Revenue : 0.52 (As of Mar. 2024)


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What is Nordisk Bergteknik AB Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Nordisk Bergteknik AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr254 Mil. Nordisk Bergteknik AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,295 Mil. Nordisk Bergteknik AB's annualized Revenue for the quarter that ended in Mar. 2024 was kr3,006 Mil. Nordisk Bergteknik AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.


Nordisk Bergteknik AB Debt-to-Revenue Historical Data

The historical data trend for Nordisk Bergteknik AB's Debt-to-Revenue 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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Nordisk Bergteknik AB Debt-to-Revenue Chart

Nordisk Bergteknik AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.91 0.69 0.42 0.41 0.44

Nordisk Bergteknik AB Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.40 0.41 0.48 0.43 0.52

Competitive Comparison of Nordisk Bergteknik AB's Debt-to-Revenue

For the Engineering & Construction subindustry, Nordisk Bergteknik AB's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Nordisk Bergteknik AB's Debt-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nordisk Bergteknik AB's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nordisk Bergteknik AB's Debt-to-Revenue falls into.



Nordisk Bergteknik AB Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Nordisk Bergteknik AB's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(247.7 + 1294.6) / 3526.4
=0.44

Nordisk Bergteknik AB's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(254.1 + 1294.8) / 3005.6
=0.52

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Nordisk Bergteknik AB Debt-to-Revenue Related Terms

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Nordisk Bergteknik AB (OSTO:NORB B) Business Description

Traded in Other Exchanges
Address
Östra Hamngatan 52, Gothenburg, SWE, 411 08
Nordisk Bergteknik AB's business concept is to offer contracting services in infrastructure to the construction mining and construction industries within selected niches in the Nordic countries. It operates in the two business areas of Rock Handling and Foundation Solutions, which in turn are reported in the three financial segments Foundation Sweden, Rock Sweden, and Rock Norway. It generates maximum revenue from the Rock Sweden segment. Its Majority of the revenue comes from Rock Sweden. Geographic areas are Sweden, Norway, Finland, and Other Countries where the majority of revenue comes from Sweden.

Nordisk Bergteknik AB (OSTO:NORB B) Headlines

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