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Desert Control AS (Desert Control AS) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


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What is Desert Control AS 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. Desert Control AS's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Desert Control AS's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.00). It may suggest that Desert Control AS is progressively becoming less dependent on debt to grow their business.

Desert Control AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Desert Control AS'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.

Desert Control AS LT-Debt-to-Total-Asset Chart

Desert Control AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - 0.01 - -

Desert Control AS Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset 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 0.02 0.01 0.01 - -

Desert Control AS LT-Debt-to-Total-Asset Calculation

Desert Control AS'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 )
=0/12.656
=0.00

Desert Control AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=0/11.279
=0.00

* 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.

Desert Control AS  (GREY:DRTFF) 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.

Desert Control AS LT-Debt-to-Total-Asset Related Terms

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Desert Control AS (Desert Control AS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Desert Control AS (GREY:DRTFF) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
ROCO:6762 TPE:4155 ROCO:6815 ROCO:6649 ROCO:4121 ROCO:4161 ROCO:4745 ROCO:6767 ROCO:6747 ROCO:4183 CTVA TSX:NTR SAU:2020 CF SZSE:000792 MOS MIC:PHOR OSL:YAR MIC:AKRN ADX:FERTIGLB
Traded in Other Exchanges
DSRT:Norway 8KT:Germany
Address
Grenseveien 21, Sandnes, NOR, 4313
Website
https://www.desertcontrol.com
Desert Control AS is a climate technology company specialized in reclaiming degraded soil and turning desert sand into fertile soil. The patented product LNC (Liquid Natural Clay) is a liquid clay compound that enables sand and degraded soil to retain water and nutrients.