BOZTY (Boozt AB) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

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What is Boozt AB 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. Boozt AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

Boozt AB's long-term debt to total assets ratio declined from Sep. 2023 (0.13) to Sep. 2024 (0.11). It may suggest that Boozt AB is progressively becoming less dependent on debt to grow their business.

Boozt AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Boozt AB'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.

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Boozt AB LT-Debt-to-Total-Asset Chart

Boozt AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.14

0.12

0.14

0.13

Boozt AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.13	0.15	0.14	0.11

Boozt AB LT-Debt-to-Total-Asset Calculation

Boozt AB'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 )
	=	76.236	/	580.935
	=	0.13

Boozt AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	70.193	/	634.666
	=	0.11

Boozt AB (OTCPK:BOZTY) 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.

Boozt AB LT-Debt-to-Total-Asset Related Terms

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Boozt AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Boozt AB (OTCPK:BOZTY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BOOZT:Sweden 0RPY:UK BOOZT DKK:Denmark BOK:Germany

Address

Hyllie Boulevard 35, Malmo, SWE, 215 37

Website

https://www.booztgroup.com

Boozt AB is a Nordic technology company selling fashion, apparel, and beauty online. The company operates in two segments: Boozt.com, and Booztlet.com. The Boozt.com segment consists of the operational activities related to the multi-brand webstore Boozt.com. The webstore Boozt.com is the online destination for Fashion, Kids, Sports, Beauty, and Home, tailored to deliver convenience and a curated selection of brands. The Booztlet.com segment consists of the operational activities related to Booztlet.com. The Booztlet.com segment mainly operates as the group's channel for inventory clearance, retailing items that did not sell within an allotted time frame in the webstores. The majority of its revenue is derived from Boozt.com. Geographically, the majority is derived from the Nordics.