Inin Group AS (FRA:72G) LT-Debt-to-Total-Asset : 0.34 (As of Sep. 2024)

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What is Inin Group AS 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. Inin Group AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.34.

Inin Group AS's long-term debt to total assets ratio increased from Jun. 2023 (0.08) to Sep. 2024 (0.34). It may suggest that Inin Group AS is progressively becoming more dependent on debt to grow their business.

Inin Group AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Inin Group AS'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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Inin Group AS LT-Debt-to-Total-Asset Chart

Inin Group AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.06

0.05

0.06

0.12

Inin Group AS Quarterly Data
	Dec17	Dec18	Dec19	Apr20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.08	-	0.12	0.29	0.34

Inin Group AS LT-Debt-to-Total-Asset Calculation

Inin Group AS'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 )
	=	7.92	/	67.722
	=	0.12

Inin Group AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	33.797	/	100.546
	=	0.34

Inin Group AS (FRA:72G) 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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Inin Group AS Business Description

Industry

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ININ:Norway

Address

Henrik Ibsens gt 100, Oslo, NOR, 0255

Website

https://www.inin.no

Inin Group AS is a Norwegian industrial owner that follows a vertical-focused buy-and-build strategy to identify and invest in niches with potential for development and growth. It specializes in the infrastructure services sectors such as Rail, Power supply, and Electrification and works closely with companies to drive sustainable growth.

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