GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Instalco AB (FRA:4IIA) » Definitions » LT-Debt-to-Total-Asset

Instalco AB (FRA:4IIA) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Instalco 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. Instalco AB's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Instalco AB's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.05). It may suggest that Instalco AB is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Instalco 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.

* Premium members only.

Instalco AB LT-Debt-to-Total-Asset Chart

Instalco AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.23 0.29 0.31 0.33

Instalco AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.04 0.04 0.33 0.05

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

Instalco AB'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 )
=311.013/957.98
=0.32

Instalco AB's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=42.504/925.364
=0.05

* 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.


Instalco AB  (FRA:4IIA) 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.


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

Thank you for viewing the detailed overview of Instalco AB's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Instalco AB (FRA:4IIA) Business Description

Traded in Other Exchanges
Address
Lilla Bantorget 11, Stockholm, SWE, 111 23
Instalco AB is engaged in installation, service and maintenance of real estate and facilities in Sweden, Norway and Finland. The company performs technical installation and service within the areas of electrical, heating and plumbing systems, as well as ventilation and cooling systems. The Group has two operating segments: Sweden and Rest of Nordic. Its revenue stems from sales of the execution of installations, construction contracts and service contracts.

Instalco AB (FRA:4IIA) Headlines

No Headlines