BactiQuant AS (FRA:9JX) LT-Debt-to-Total-Asset : 0.46 (As of Jun. 2024)

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What is BactiQuant 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. BactiQuant AS's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.46.

BactiQuant AS's long-term debt to total assets ratio increased from Jun. 2023 (0.46) to Jun. 2024 (0.46). It may suggest that BactiQuant AS is progressively becoming more dependent on debt to grow their business.

BactiQuant AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for BactiQuant 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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BactiQuant AS LT-Debt-to-Total-Asset Chart

BactiQuant AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.03

0.04

0.20

0.33

BactiQuant AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.06	0.20	0.46	0.33	0.46

BactiQuant AS LT-Debt-to-Total-Asset Calculation

BactiQuant 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 )
	=	1.132	/	3.422
	=	0.33

BactiQuant AS'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 )
	=	1.042	/	2.247
	=	0.46

BactiQuant AS (FRA:9JX) 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.

BactiQuant AS LT-Debt-to-Total-Asset Related Terms

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BactiQuant AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BactiQuant AS (FRA:9JX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BACTIQ:Denmark

Address

Blokken 75, Birkeroed, DNK, DK-3460

Website

https://www.bactiquant.com

BactiQuant AS focuses on delivering technology that ensures optimum usage and handling of water around the world. The company's activities include the development, production, sale and service of BactiQuant Online and BactiQuant Mobile Lab with associated test kits/substrate for the quantification and detection of bacteria in water. Its segments are Aquaculture, Data Centres, Oil & Gas, Water Utility, Industry, and Pharma. The group's products are BQ Online 2.0 PRO, BQ Online, BQ Mobile Lab, and Analysis Kits.

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