Solar Foods Oyj (FRA:H4N) LT-Debt-to-Total-Asset : 0.36 (As of Dec. 2024)

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What is Solar Foods Oyj 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. Solar Foods Oyj's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.36.

Solar Foods Oyj's long-term debt to total assets ratio declined from Dec. 2022 (0.71) to Dec. 2024 (0.36). It may suggest that Solar Foods Oyj is progressively becoming less dependent on debt to grow their business.

Solar Foods Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Solar Foods Oyj'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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Solar Foods Oyj LT-Debt-to-Total-Asset Chart

Solar Foods Oyj Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.50

0.71

0.35

0.36

Solar Foods Oyj Semi-Annual Data
	Dec21	Dec22	Dec23	Dec24
LT-Debt-to-Total-Asset	0.50	0.71	0.35	0.36

Solar Foods Oyj LT-Debt-to-Total-Asset Calculation

Solar Foods Oyj'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 )
	=	16.568	/	46.684
	=	0.35

Solar Foods Oyj'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 )
	=	16.568	/	46.684
	=	0.35

Solar Foods Oyj (FRA:H4N) 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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Solar Foods Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solar Foods Oyj (FRA:H4N) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SFOODS:Finland H4N:Germany

Address

Bull run 11, Vantaa, FIN, 01730

Website

https://www.solarfoods.com

Solar Foods Oyj is a technology company that aims to commercialize food raw materials that nutritionally replace animal-based food and the patented technology platform used to produce them, hydrogen fermentation. Its first commercialized product is Solein, Solein is a protein-rich powder based on a single-celled microbe that occurs in nature. Solar Foods produces Solein as a food protein.

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