AutoStore Holdings (FRA:1IG) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2024)

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What is AutoStore Holdings 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. AutoStore Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.23.

AutoStore Holdings's long-term debt to total assets ratio increased from Sep. 2023 (0.23) to Sep. 2024 (0.23). It may suggest that AutoStore Holdings is progressively becoming more dependent on debt to grow their business.

AutoStore Holdings LT-Debt-to-Total-Asset Historical Data

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

AutoStore Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.34

0.21

0.22

0.23

AutoStore Holdings Quarterly Data
	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											0.23	0.23	0.23	0.23	0.23

AutoStore Holdings LT-Debt-to-Total-Asset Calculation

AutoStore Holdings'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 )
	=	440.71	/	1954.861
	=	0.23

AutoStore Holdings'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 )
	=	444.283	/	1932.645
	=	0.23

AutoStore Holdings (FRA:1IG) 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.

AutoStore Holdings LT-Debt-to-Total-Asset Related Terms

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AutoStore Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AutoStore Holdings Ltd (FRA:1IG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AUTOOo_NO:Sweden AUTO:Norway AUTOo:UK 0AAE:UK

Address

Stokkastrandvegen 85, Nedre Vats, NOR, 5578

Website

https://www.autostoresystem.com

AutoStore Holdings Ltd a robot technology company which provides automated storage and retrieval systems and warehouse management and control systems through third-party distributors. The systems offered by the company include Robots, Grid, Bins, Controller, Workstations and WMS.

AutoStore Holdings Headlines

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