Aker ASA (Aker ASA) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Aker ASA LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Aker ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.30.

Aker ASA's long-term debt to total assets ratio declined from Dec. 2022 (0.33) to Dec. 2023 (0.30). It may suggest that Aker ASA is progressively becoming less dependent on debt to grow their business.

Aker ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aker ASA's LT-Debt-to-Total-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.

Aker ASA LT-Debt-to-Total-Asset Chart

Aker ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.37

0.44

0.39

0.33

0.30

Aker ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.39	0.30	0.33	0.17	0.30

Aker ASA LT-Debt-to-Total-Asset Calculation

Aker ASA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2514.551	/	8412.896
	=	0.30

Aker ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2514.551	/	8412.896
	=	0.30

Aker ASA (OTCPK:AKAAF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Aker ASA LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Aker ASA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Aker ASA (Aker ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aker ASA (OTCPK:AKAAF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AKERo:Sweden AKER:Norway AKERo:UK 0MJX:UK FKM:Germany

Address

Oksenoyveien 10, Lysaker, Oslo, NOR, 1366

Website

https://www.akerasa.com

Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. Investments are broken down into two portfolios; Industrial holdings are strategic assets and are managed with a long-term perspective. It comprises Aker's ownership interests in Aker BP, Aker Energy, Aker Solutions, Aker Horizons, Aker BioMarine, SalMar Aker Ocean, Cognite, and Aize, and Financial investments comprise cash, other assets, and the listed companies Akastor, AMSC, Philly Shipyard, and Solstad Offshore, in addition to ICP and Aker Property Group.

Aker ASA (Aker ASA) Headlines

From GuruFocus

Aker BP Second Quarter and First Half Year 2019 Report

By PRNewswire PRNewswire • 07-12-2019

Johan Sverdrup is on Stream

By PRNewswire PRNewswire • 10-07-2019

Aker BP ASA: Fourth Quarter 2019 Results and Capital Markets Update

By PRNewswire PRNewswire • 02-11-2020