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Metabolic Nordic AB (publ) (FRA:6XF) LT-Debt-to-Total-Asset : 1.91 (As of Jun. 2024)


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What is Metabolic Nordic AB (publ) 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. Metabolic Nordic AB (publ)'s long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 1.91.

Metabolic Nordic AB (publ)'s long-term debt to total assets ratio increased from Jun. 2023 (0.11) to Jun. 2024 (1.91). It may suggest that Metabolic Nordic AB (publ) is progressively becoming more dependent on debt to grow their business.


Metabolic Nordic AB (publ) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Metabolic Nordic AB (publ)'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.

Metabolic Nordic AB (publ) LT-Debt-to-Total-Asset Chart

Metabolic Nordic AB (publ) Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.15 0.13 0.07 0.04 0.27

Metabolic Nordic AB (publ) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.11 0.11 0.27 0.52 1.91

Metabolic Nordic AB (publ) LT-Debt-to-Total-Asset Calculation

Metabolic Nordic AB (publ)'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 )
=0.25/0.918
=0.27

Metabolic Nordic AB (publ)'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 )
=0.176/0.092
=1.91

* 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.


Metabolic Nordic AB (publ)  (FRA:6XF) 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.


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Metabolic Nordic AB (publ) Business Description

Traded in Other Exchanges
Address
Djaknegatan 9, Malmo, SWE, 211 35
Metabolic Nordic AB (publ) is a Malmo based innovation company in the wellness and health sector. The company develops consumer solutions and concepts for metabolic health and sustainable lifestyle changes.

Metabolic Nordic AB (publ) Headlines

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