SkiStar AB (FRA:3AJ) LT-Debt-to-Total-Asset : 0.27 (As of Feb. 2025)

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What is SkiStar 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. SkiStar AB's long-term debt to total assests ratio for the quarter that ended in Feb. 2025 was 0.27.

SkiStar AB's long-term debt to total assets ratio declined from Feb. 2024 (0.30) to Feb. 2025 (0.27). It may suggest that SkiStar AB is progressively becoming less dependent on debt to grow their business.

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

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

SkiStar AB Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.35

0.37

0.40

0.35

0.33

SkiStar AB Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.32	0.33	0.32	0.27

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

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

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	251.717	/	757.875
	=	0.33

SkiStar AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2025 is calculated as

LT Debt to Total Assets (Q: Feb. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2025 )	/	Total Assets (Q: Feb. 2025 )
	=	206.952	/	772.008
	=	0.27

SkiStar AB (FRA:3AJ) 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.

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

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SkiStar AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SkiStar AB (FRA:3AJ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SKIS B:Sweden 3AJ:Germany

Address

Malung-Salen, Dalarna, Salen, SWE, 78091

Website

https://www.skistar.com

SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has an online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the following segments; Operation of Mountain Resorts; Property Development and Operation of Hotels. A majority of its revenue is generated from the Operation of Mountain Resorts segment which comprises the operation of ski resorts and the sale of all products and services in this area, such as SkiPass, accommodation, activities, skishop products, etc. The company also manages accommodation properties for hire and owns the land for development.

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