FBGGF (Fabege AB) LT-Debt-to-Total-Asset : 0.42 (As of Sep. 2024)

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What is Fabege 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. Fabege AB's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.42.

Fabege AB's long-term debt to total assets ratio increased from Sep. 2023 (0.41) to Sep. 2024 (0.42). It may suggest that Fabege AB is progressively becoming more dependent on debt to grow their business.

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

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

Fabege AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.30

0.31

0.33

0.35

0.32

Fabege 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															0.41	0.32	0.35	0.37	0.42

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

Fabege 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 )
	=	2608.992	/	8113.009
	=	0.32

Fabege 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 )
	=	3386.939	/	8110.372
	=	0.42

Fabege AB (OTCPK:FBGGF) 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.

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

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Fabege AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fabege AB (OTCPK:FBGGF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FABG:Sweden FABGs:UK 0XPX:UK WILC:Germany

Address

Gardsvagen 6, Box 730, Solna, Stockholm, SWE, SE-169 27

Website

https://www.fabege.com

Fabege AB is a real estate company that focuses on commercial properties. Fabege works to develop modern offices, housing, and a broad range of services with strategic partners. The company reports three core segments: Property management, which rents properties to long-term tenants; Property development, which improves and redesigns properties according to tenant requirements; Birger Bostad segment constructs residential properties and Birger Bostad. The majority is from the Property Management segment. It generates all its revenue in Stockholm, Solna, and surrounding areas in Sweden.