Suominen Oyj (FRA:1S0) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2024)

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What is Suominen Oyj 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. Suominen Oyj's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.19.

Suominen Oyj's long-term debt to total assets ratio increased from Dec. 2023 (0.19) to Dec. 2024 (0.19). It may suggest that Suominen Oyj is progressively becoming more dependent on debt to grow their business.

Suominen Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Suominen 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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Suominen Oyj LT-Debt-to-Total-Asset Chart

Suominen Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.31

0.16

0.18

0.19

Suominen Oyj Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.19	0.19	0.20	0.19

Suominen Oyj LT-Debt-to-Total-Asset Calculation

Suominen Oyj'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 )
	=	58.883	/	310.376
	=	0.19

Suominen Oyj'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 )
	=	58.883	/	310.376
	=	0.19

Suominen Oyj (FRA:1S0) 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.

Suominen Oyj LT-Debt-to-Total-Asset Related Terms

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Suominen Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Suominen Oyj (FRA:1S0) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

0M1M:UK SUY1V:Finland

Address

Karvaamokuja 2 B, 3rd Floor, Helsinki, FIN, FI-00380

Website

https://www.suominen.fi

Suominen Oyj manufactures nonwovens as roll goods for wipes and hygiene products and medical applications. Its products include wipes for personal hygiene, baby care, household and workplace, sanitary pads, diapers, and surgical drapes swabs. The firm generates the majority of its sales from the United States.

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