Candles Scandinavia B (FRA:LY7) LT-Debt-to-Total-Asset : 0.08 (As of Jan. 2025)

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What is Candles Scandinavia B 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. Candles Scandinavia B's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.08.

Candles Scandinavia B's long-term debt to total assets ratio increased from Jan. 2024 (0.00) to Jan. 2025 (0.08). It may suggest that Candles Scandinavia B is progressively becoming more dependent on debt to grow their business.

Candles Scandinavia B LT-Debt-to-Total-Asset Historical Data

The historical data trend for Candles Scandinavia B'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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Candles Scandinavia B LT-Debt-to-Total-Asset Chart

Candles Scandinavia B Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

0.14

0.11

0.02

Candles Scandinavia B Quarterly Data
	Apr20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														-	0.08	0.08	0.07	0.08

Candles Scandinavia B LT-Debt-to-Total-Asset Calculation

Candles Scandinavia B's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	0	/	14.566
	=	0.00

Candles Scandinavia B's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	0.85	/	10.131
	=	0.08

Candles Scandinavia B (FRA:LY7) 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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Candles Scandinavia B Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candles Scandinavia B (FRA:LY7) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CANDLE B:Sweden

Address

Cv-Gatan 38 B, Orebro, SWE, 703 82

Website

https://www.candles.se

Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

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