Lagercrantz Group AB (CHIX:LAGRBS) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2024)

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What is Lagercrantz Group 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. Lagercrantz Group AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.28.

Lagercrantz Group AB's long-term debt to total assets ratio increased from Dec. 2023 (0.26) to Dec. 2024 (0.28). It may suggest that Lagercrantz Group AB is progressively becoming more dependent on debt to grow their business.

Lagercrantz Group AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lagercrantz Group 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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Lagercrantz Group AB LT-Debt-to-Total-Asset Chart

Lagercrantz Group AB Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.18

0.19

0.29

0.31

0.26

Lagercrantz Group AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.26	0.27	0.29	0.28

Lagercrantz Group AB LT-Debt-to-Total-Asset Calculation

Lagercrantz Group AB's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	2599	/	9842
	=	0.26

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	3017	/	10605
	=	0.28

Lagercrantz Group AB (CHIX:LAGRBs) 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.

Lagercrantz Group AB LT-Debt-to-Total-Asset Related Terms

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Lagercrantz Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lagercrantz Group AB (CHIX:LAGRBs) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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LAGR B:Sweden 0RB7:UK LG72:Germany

Address

Vasagatan 11, 10th floor, Stockholm, SWE, SE-103 69

Website

https://www.lagercrantz.com

Lagercrantz Group AB is a Sweden-based company engaged in the provision of products and solutions in the electronics and communications industry. The business activity of the group is divided into segments namely the Electrify, Control, TecSec, Niche Products, and the International segment. Geographically, it operates in the regions of Sweden, Denmark, Norway, Finland, the UK, Germany, and other regions. The firm derives the majority of revenue through the Electrify segment which Offers products and solutions that meet the need for an increasingly electrified and connected society.

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