Amber Grid AB (FRA:AMH) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2024)

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What is Amber Grid 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. Amber Grid AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

Amber Grid AB's long-term debt to total assets ratio declined from Dec. 2023 (0.19) to Dec. 2024 (0.18). It may suggest that Amber Grid AB is progressively becoming less dependent on debt to grow their business.

Amber Grid AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Amber Grid 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.

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Amber Grid AB LT-Debt-to-Total-Asset Chart

Amber Grid AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.33

0.25

0.14

0.19

0.18

Amber Grid AB 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															0.19	0.19	0.19	0.19	0.18

Amber Grid AB LT-Debt-to-Total-Asset Calculation

Amber Grid AB'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 )
	=	58.804	/	327.196
	=	0.18

Amber Grid AB'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 )
	=	58.804	/	327.196
	=	0.18

Amber Grid AB (FRA:AMH) 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.

Amber Grid AB LT-Debt-to-Total-Asset Related Terms

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Amber Grid AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Amber Grid AB (FRA:AMH) » Definitions » LT-Debt-to-Total-Asset

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AMG1L:Lithuania

Address

Laisves avenue 10, Vilnius, LTU, LT-04215

Website

https://www.ambergrid.lt

Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.