AS Tallinna Vesi (FRA:A1T) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2024)

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What is AS Tallinna Vesi 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. AS Tallinna Vesi's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.37.

AS Tallinna Vesi's long-term debt to total assets ratio increased from Dec. 2023 (0.34) to Dec. 2024 (0.37). It may suggest that AS Tallinna Vesi is progressively becoming more dependent on debt to grow their business.

AS Tallinna Vesi LT-Debt-to-Total-Asset Historical Data

The historical data trend for AS Tallinna Vesi'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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AS Tallinna Vesi LT-Debt-to-Total-Asset Chart

AS Tallinna Vesi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.33

0.32

0.31

0.34

0.37

AS Tallinna Vesi Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.33	0.35	0.36	0.37

AS Tallinna Vesi LT-Debt-to-Total-Asset Calculation

AS Tallinna Vesi's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	116.419	/	313.841
	=	0.37

AS Tallinna Vesi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	116.419	/	313.841
	=	0.37

AS Tallinna Vesi (FRA:A1T) 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.

AS Tallinna Vesi LT-Debt-to-Total-Asset Related Terms

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AS Tallinna Vesi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » AS Tallinna Vesi (FRA:A1T) » Definitions » LT-Debt-to-Total-Asset

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TVE1T:Estonia

Address

Adala 10, Tallinn, EST, 10614

Website

https://www.tallinnavesi.ee

AS Tallinna Vesi is a water utility company in Estonia. The business activity of the group is operated through two plants namely Ulemiste Water Treatment Plant and Paljassaare Wastewater Treatment Plant. It is engaged in water services which include the supply of water and treatment of wastewater services to people in Tallinn and in several neighboring municipalities of Tallinn. Further also engaged in construction and other services. In addition, it also offers other services such as drinking water and waste water analysis, water and sewerage pipeline works, design pipelines and pipeline construction, and others. It has three segments Water services, Construction services, and Other services. It generates the majority of its revenue from Water services segment.

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