Atlanticpphire ASA (STU:4AS) LT-Debt-to-Total-Asset : 0.12 (As of Jun. 2024)

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What is Atlanticpphire ASA 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. Atlanticpphire ASA's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.12.

Atlanticpphire ASA's long-term debt to total assets ratio declined from Jun. 2023 (0.13) to Jun. 2024 (0.12). It may suggest that Atlanticpphire ASA is progressively becoming less dependent on debt to grow their business.

Atlanticpphire ASA LT-Debt-to-Total-Asset Historical Data

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

Atlanticpphire ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.17

0.09

0.12

Atlanticpphire ASA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.01	0.09	0.13	0.12	0.12

Atlanticpphire ASA LT-Debt-to-Total-Asset Calculation

Atlanticpphire ASA'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 )
	=	36.067	/	313.851
	=	0.11

Atlanticpphire ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	36.573	/	305.127
	=	0.12

Atlanticpphire ASA (STU:4AS) 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.

Atlanticpphire ASA LT-Debt-to-Total-Asset Related Terms

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Atlanticpphire ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Atlantic Sapphire ASA (STU:4AS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AASZF:USA ASAo:Sweden ASA:Norway

Address

22275 SW 272nd Street, Homestead, FL, USA, 33031

Website

https://www.atlanticsapphire.com

Atlantic Sapphire ASA is engaged in fish farming activities locally to transform protein production globally. The group owns and operates land-based Atlantic salmon farms in Denmark and Homestead in the United States. Its brand portfolio includes Bluehouse Salmon and Sapphire salmon. Its geographical segments are the United States, Denmark, the Netherlands, and Other countries.

Atlanticpphire ASA Headlines

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