Saga Furs Oyj (CHIX:SAGCVH) LT-Debt-to-Total-Asset

: 0.04 (As of Oct. 2022)

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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. Saga Furs Oyj's long-term debt to total assests ratio for the quarter that ended in Oct. 2022 was 0.04.

Saga Furs Oyj's long-term debt to total assets ratio increased from Oct. 2021 (0.04) to Oct. 2022 (0.04). It may suggest that Saga Furs Oyj is progressively becoming more dependent on debt to grow their business.

Saga Furs Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Saga Furs Oyj'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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Saga Furs Oyj Annual Data

Trend

Aug12

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

LT-Debt-to-Total-Asset

0.03

0.04

Saga Furs Oyj Semi-Annual Data
	Aug12	Feb13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22
LT-Debt-to-Total-Asset																0.03	0.04	0.04	-	0.04

Saga Furs Oyj LT-Debt-to-Total-Asset Calculation

Saga Furs Oyj's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (A: Oct. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2022 )	/	Total Assets (A: Oct. 2022 )
	=	5.103	/	127.817
	=	0.04

Saga Furs Oyj's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (Q: Oct. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2022 )	/	Total Assets (Q: Oct. 2022 )
	=	5.103	/	127.817
	=	0.04

Saga Furs Oyj (CHIX:SAGCVH) 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.

Saga Furs Oyj LT-Debt-to-Total-Asset Related Terms

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Saga Furs Oyj (CHIX:SAGCVH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Saga Furs Oyj (CHIX:SAGCVH) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

SAGCV:Finland

Address

Martinkylantie 48, Vantaa, FIN, 01720

Website

http://www.sagafurs.com

Saga Furs Oyj is a fur auction company.

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