Bioretec (FRA:0TN) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is Bioretec 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. Bioretec's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Bioretec's long-term debt to total assets ratio declined from Dec. 2023 (0.06) to Dec. 2024 (0.04). It may suggest that Bioretec is progressively becoming less dependent on debt to grow their business.

Bioretec LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bioretec'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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Bioretec LT-Debt-to-Total-Asset Chart

Bioretec Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.51

0.20

0.06

0.04

Bioretec Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.20	0.04	0.06	0.06	0.04

Bioretec LT-Debt-to-Total-Asset Calculation

Bioretec's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	0.434	/	11.475
	=	0.04

Bioretec'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 )
	=	0.434	/	11.475
	=	0.04

Bioretec (FRA:0TN) 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.

Bioretec LT-Debt-to-Total-Asset Related Terms

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Bioretec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Bioretec Ltd (FRA:0TN) » Definitions » LT-Debt-to-Total-Asset

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BRETEC:Finland

Address

Yrittajankulma 5, Tampere, FIN, FI-33710

Website

https://www.bioretec.com

Bioretec Ltd is a medical device company focusing on the development of safe, and reliable bioabsorbable and bioresorbable implants for pediatric and adult orthopedics. The company's products are used world wide and continue to further develop materials and products for high-load-bearing clinical applications. Some of its brands include RemeOs, Activa IM-N, ActivaPi, and ActivaScrew.

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