Metacon AB (FRA:M16) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Metacon 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. Metacon AB's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Metacon AB's long-term debt to total assets ratio declined from Dec. 2023 (0.04) to Dec. 2024 (0.02). It may suggest that Metacon AB is progressively becoming less dependent on debt to grow their business.

Metacon AB LT-Debt-to-Total-Asset Historical Data

The historical data trend for Metacon 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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Metacon AB LT-Debt-to-Total-Asset Chart

Metacon AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.01

0.04

0.02

Metacon 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															0.04	0.03	0.03	0.03	0.02

Metacon AB LT-Debt-to-Total-Asset Calculation

Metacon 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 )
	=	0.304	/	18.509
	=	0.02

Metacon 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 )
	=	0.304	/	18.509
	=	0.02

Metacon AB (FRA:M16) 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.

Metacon AB LT-Debt-to-Total-Asset Related Terms

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Metacon AB Business Description

Industry

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META:Sweden

Address

Drottninggatan 1B, Uppsala, SWE, 753 10

Website

https://www.metacon.se

Metacon AB is an international energy technology company. The main goal of this company is to develop and market small and large energy systems that can produce hydrogen, electricity, and heat. The company has two main branches of business: Reforming and Electrolysis. In the Reforming division, the company possesses several patents and an understanding of how to efficiently convert different hydrocarbons into hydrogen, which is used in catalytic steam reforming products. As for the Electrolysis branch, the company is transitioning from being solely a distributor of Chinese-made products to manufacturing its own products under its own brand. The company's product range includes Hydrogen Refueling Stations, Large CHP Systems, Small CHP Systems, Small Power Units, and others.

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